listing, page-3

Vind, I don't see anywhere in the foreseeable future where this company would need a capital raise event. For example, lets say for the sake of an argument, that shale oil is profitable at $55 per bbl of oil. And with Sundance hedging what looks to me to be at a $95 per bbl average, they then have a profit of $40 per bbl, 95 - 55 = 40.
Then, when they are producing 5000 boed, we can multiply that amount by $40 and we will be enjoying a daily profit rate of $ 200,000.00, or 18 million per Quarter.
With well costs in the Eagleford of 8 - 9 million, and well costs of 3.2 - 4.2 in the Mississippian, we can pay as we go next year. A forward guidance projection of 20 new well next year is easily achievable and affordable given forward revenue growth and current credit facilities available. JMHO