Banter and General Comments .. BRK, page-5384

Thank you, I try to post relevant information. I am a numbers guy because the numbers do not lie and I am glad it is appreciated.

One observation I would make is that for all the naysayers that have posted on this forum - and there have been a lot over the years - not one has posted any numbers to support their argument.

There are plenty of opinions and plenty of views but not one of them have actually sat down and modelled the cashflows from all 21 wells that includes decline rates, forecast oil prices, transport costs, royalties etc.

In effect there is nothing to support their arguments.

Regardless of market sentiment those that have really dug deep into the numbers and done the work have a fairly close approximation of the value of the asset.

It is only a matter of time for the sp to close the gap between where it is now and the intrinsic value of the company.

When will that be though is anybodys guess and that is where patience comes in.