re: good buying SMM:
You said in an earlier post:
"from the website, wells are producing at around 2200mcfd. at $7USD per mcf thats $5.62M USD revenue pa. market cap of 20 million. last years total revenue around 2.5 million:
Where did you get the 2200mcfd production figure? I wasn't aware that the company had this much production. Even if all 18 well were producing, and they are not, that would average 122mcpd, which as far as I know is not being achieved. If they are pulling in 5.5m USD in revenue annualised now, I would put my bottom dollar on this stock.
Would apppreciate if you could clarify.
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