HUGE UPSIDE IN 2021 & BEYOND, page-10

i think when it comes to valuations you have to look at the US markets as a strong guide

everyone is talking about GME and Silver and Tesla, and all three are both equally social media manipulated and institutionally manipulated at the same moment

goldman sachs pointed this out last night.. social media ramps like GME which brought up the share to only 250X  EPS and its crashed back to 42X EPS, which   is hardly a problem when TESLA  trades at 140x expected 2022 EPS



"... and where the thread between price and value is barely present across most "serious" companies which are trading at 100x or even 1000x of future earnings and revenues,"

just at a standpoint of 200 bopd for the underlying revenue from oil production  XST would be only  4X EPS on present valuations..

once the well is announced the expect the underlying value, a base value should arrive and equally a strong speculation should arrive on the borba drill due to the sheer size of the target and the structure itself has many similarities to several other highly successful oil fields around the globe.

so far its a small start for the share but pretty soon its going to get a wave of interest, perhaps like BPH..