Post by
Hawkdog on May 20, 2014 2:16pm
presentation on webpage
For those who haven't read it yet, you should.
https://www.riftbasinresources.com/pdf/corporate-presentation-february-2014.pdf
There model estimates a share price of 1.31 (4x) by year 4, so 2018
Comment by
TheCardinal on May 20, 2014 4:23pm
That's very conservative, in terms of both time and price. Put a pencil to the number of wells, the acreage it encompasses, the push from further exploration and development, and you'll see what I mean.