current drilling will confirm $30.000 per day, net $210.000 per...

current drilling will confirm

$30.000 per day, net
$210.000 per week, net
$10 mill per year, net

6 mill barrels oil plus equiv.
market cap $40 odd mill

puntland potential $
georgia potential $

can someone with more experience and knowledge with the o&g game please tell me what i am missing?

i don't get it, shouldn't we be at minimum 12c plus with Texas news alone so far, not including any plus side for punty and Georgia.

assuming my figures are correct which might not be the case and in today's volatile market wouldn't it be prudent for investors to be buying into company's who are producing, cash coming in and very high upside in the near future.

rrso options:
currently at 1.8c expire in 18 mths, exercise price 5c

heads
currently 6c

i have searched for 2 days to find options trading at such a discount to heads with such a long expiry time and in a company that's producing, cant find any, why??????


producing oil and gas in Texas, cash coming in and more drills to come.
drilling to commence in punty in the next few months. seismic from Georgia.
offshore deals in punty possibly free carried.
and plenty more.

An honest questions, whats wrong? what am i missing?

just trying to make an investment decision and would like others honest opinions on ranges current situation, considering hc is for sharing and learning. it would be appreciated, thx.


and please im not interested in ranges shabby history just interested in your thoughts on the current situation and the future.