3.8m cash end of last Qtr.53m FP x 8.4c = 4.4m MC= 0.6m EV.It is...

3.8m cash end of last Qtr.
53m FP x 8.4c = 4.4m MC

= 0.6m EV.

It is priced at nothing.
So what is the mental deficient that rationalized, to sell before it REALLY finds ??

If you dont understand RVR ?
We are at the present shell price with cash, holding the very pointy end of the RVR multiple.
Every seller, just sharpens that pointy end further.

Because, ANYTHING. = upside.
Downside = Already shell pricing.

Consider weathering. And drilling into these exposed galioths.
What multiple a discovery would do ? make the sellers who gave it away for nort weap.