Regarding the 500 million barrels to Far at $10 a barrel giving a $1.25 shareprice.
You forgot to add that for every $10 increase in POO it increases profit per barrel by $10 and gives us another $1.25 per share e.g. $20 a barrel profit means $2.50 a share. 30 a barrel means $3.75 etc.
Now tell "me" I'm dreaming
$1.00+ starts to look like a real possibility when POO eventually recovers to even modest levels and we've drilled a bit.
Has the worm turned?, page-11
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