just two years ago but it seems like two lifetimes.
- Release Date: 14/09/21 08:22
- Summary: Jewell Well in Production
the company has massively achieved, no one can deny that. Trouble is no one is rewarding it in the market place.
This stand still, will (must) be broken soon.
I'm still hoping for a quarterly that shows us nigh on $35m in the coffers, leaving us if I'm right, and the share price stays as is....... with an enterprise value of $27m or in local Tulsa talk 17m greenbacks. wow even blind Freddy could see undervalued there.
The discrepancy between our potential earnings from our asset base and our enterprise value is huge.
Our Swish assets are surely a tasty morsel for the big spenders in Oklahoma........... how much are we asking? what kinda deal are they offering?
low ball offers for our assets, complicated jv negotiations, other issues, who knows what is going on?
Do I think it's fallen over? no. but if it has then I console myself with the fact that we will have enough cash to press on quickly with drilling at least another two Swish wells.
And won't it be nice to get that drilling announcement buzz back again![]()
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