RE:RE:Positive news ,now two major institutional holdersGreat back of envelope calculation thank you , I can find no fault in the calculation. The big question is at reserve calculation does the multiplier increase to 4 . ibelieve if the company demonstrates life of field extension to 2032 the FCF will attract a significant multiple , Drill Baby Drill.
Acompany like VLE with a competent mgmnt team will attract very unique acquisition oppurtunities , able to buy quality cash flow at under 2 with north of five years, that will further encourage multiple expansion.