bopd

I hold in excess of 1.3 mill shares in JPR.
Why. Because I believe come Xmas 2010 they will be producing in excess of 1000bopd conservatively.
I expect them to be cash flow positive then except for their proposed ongoing doubling of production via additional wells.
I am not ramping. I have not viewed any crystal ball.
I have read most asx ann's.
re NWZ2 and J-50, proposed J-51, the 3d seismic etc.
Have read and or owned shares in similiar companies which have sucessfully doubled initial flows by installing pumps, both in Auss and offshore.
I have read many of Squidgy posts and his associated links to understand the oil industry better as a layman.
The sharemarket and investors often have a future 6 month outlook.
The challenge of this thread or post is prove me right or wrong with informed or reasonable information based on current facts.
Time as always will be the decider.
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