"Market cap of $100,000,000 and they are currently making $0."If...

"Market cap of $100,000,000 and they are currently making $0."

If you only look at the revenue, I suggest you buy a retail stock instead of a exploration stock.

Even if 10% of the UOIIP of 500 MMbbls, it would worth $100mil if the profit is say only $20 per barrel.

And that is just from a small portion of the CTP exploration targets.

You buy stock like this hoping for another SFR story (SFR SP from 7c to $7 in 1.5 year) , not for a 20%+ returns.

For sure you can make a few quid now, but just try asking those who sold SFR at 14c thinking that they are making a 100% profit.