I think you have to give the oil research experts the benefit of not knowing how big INP oil field is. The oil analysis are being very careful not to give any value to the field until they see an Independent Experts view.
Thats wrong, the MD of INP is an oil expert and is very conservative and has stated that the reserves are over 120 million barrels in place. With more upside. Recoveries between 15 to 50%.
I been actively exploring and finding oil for the last 17 years, I put my value on INP ($4.60) per share. Ken T. thinks he knows the value.
So in my view and my money is backing this view INP a huge buy.
Its your money and if you don't want a chance to double, triple your money on an oil stock you can always keep it safe in the bank. The downside from here is minimal.
cheers
PC43
INP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
