"what do you understand about it?"
Ha ha ha ha ha! Okaaaay!
They have debt under control -- For now.
They have production equal to a few mill $ per year.
The Market Cap is $18M and the GAS/Oil NPV is $40M.
There are a few dill targets in some reasonable US locations.
The options expire in a couple years.
Seems like a pretty simple delta to me. But I haven't got a lot of skin in it so I'm not particularly concerned. It's just a trade.
ssno, page-16
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