awright, The crash was a correction as too many companies were...

awright, The crash was a correction as too many companies were way above what their fair value was. That's usually the point of a crash, to bring over-inflated share prices back to the ground and where they belong.
So the 3c price imo is what BUY's fair value was before all the rest of this started happening. I see the range as more 4-7c previous to this but although not far off may have been a little overpriced for the time at the time.
Don't get me wrong though, if all goes well, there is obviously a huge potential upside. The thing is you're basically gambling on the future, that's the risk but that's why the stakes are high. If everything falls apart, well that's life, but in the oil industry it is very common, 80% or thereabouts so.
Good luck anyway, am closely watching :)