RE:heads up Thanks for that heads up. I'd take .70 too if that happens sooner .. however, we will have time to see that it might just be a bit more than that.
PEL 91 production has come to fruition. Awesome. If PEL 106 does the same, and so far I see no reason why not, this should be at .50 in short order. PEL 106 more than doubling of production is very nice.
Not wanting to get ahead of myself but cash on hand at mid-year / year's end, (2016) plus a big production increase .. I think, if oil can stay around 30 ~ 35, a buck a share for a buyout is in the cards IMO. the longer they wait, the pricier she gets..
As for 10 dollar tape-paint trades .. yes .. meaningless.
GLTY/A