RE: RE: RE: RE: RE: RE: RE: MRP: Our time is comin The current 2p number is 20 million, no? If they are indeed expecting a 200% increase more conservative than the increase shown on logs, then wouldnt we be looking for 60 million 2P * ~.48% interest = 28,800,000 2p bbls
Thats .144 2p bbl/fd share * $8 = $1.15 valuation per share
At $5 per barrel valuation is
.72 per share.
Forgive me if Im missing something, thats why I post it here for your critique.
Good luck.