Also you just have to look at what other US orientated oil gas companies are valued at and BUR/NSE are undervalued at and I believe on Brasher and H1 alone are 10 mil short of where they should be But this will change with flow rates and more derisking of the Colorado county acreage, Companies drilling 4bcf traps and flow rates under 1mmcfd are valued more than BUR/NSE. THe only reason a discount applies now is the market wants flow rates which soon they will have and I believe this discount will disappear.
BUR Price at posting:
10.0¢ Sentiment: None Disclosure: Held
