Banter and General Comments .. BRK, page-2097

I tend to agree.

I'm currently an investor but as much as I'd like to see the share price 10x, I just don't know if it actually can (even 4 5x for that matter).

Our current (conservative) estimates reserves for the 5 year plan are 11.6 million BOE. Let's say at $80 a barrel (current price) they are profiting $40 per barrel, which is reasonable. That means after every last drop of the 11.6 million barrels is exploited it would be worth 460million, with our current market cap hovering around +/- 100million that leaves about 4.5x potential upside with the current plan, if the market prices it as such.

Obviously the upside is if the reserves are larger than 11.6BOE, or if the price of oil rises further, but potentially they both could go the other way too. I think 2 to 3x from the current share price is a fair and safe target to move on from this stock with their current plan (though I'm sure plans will develop over time, so we'll see). 2 or 3x is still a very decent gain though and people shouldn't be upset with that, hopefully we can achieve that at least!