Netback ????Wow! Are you ever conservative with your numbers! but I can see your logic behind your numbers, Thank you. So to sum it up using your more than conservative numbers if we value the production at $50k times 4112BOED we end up with a value of $ 1.19 per share which gives us a potential upside of net 417% from the closing of $0.23 Friday. Not bad I still like it even though it is conservative, I am using higher numbers for the production simply because the overall fundamentals for oil and gas are much better than last fall but like i said before production value is arguable. I will be very happy to see this stock closing Y/E 2014 above the $0.42 from all the postings so far we are, well on our way for a great year end closing. Thank you very much for your valuable input.
Regards,
Fearlessgg