significantly undervalued, upswing awaits!, page-5

That was a good read jchatt. I appreciate the effort you put into it to help us understand the financials a little better.

I remain very optimistic about the potential for this stock and don't believe that there is a huge issue with M1. The way I see it is at worst case scenario they can get cash flow on the other wells and have another crack at it in the near future.

The key for them is to get some money flowing ASAP with what they have and then they can start to lock in the remaining opportunities. I would hope there aren't to many more surprises in the future though. (Except for the good one)