RE: hahahman u bashers did the same thing with ACG. look at acg. they 6 billion barrels of oil. its 0.95 now. CTE also have 2100 million barrels.
An independent assessment of the prospective resources of Block 10BA has been completed by Gustavson & Associates under a Resources Evaluation Report prepared in accordance with National Instrument 51-101 - Standards for Disclosure for Oil and Gas Activities. This report calculates prospective resources (defined below) for 25 prospects in the Block. The total of the prospective resources ranges from a low case (P90) of 955 million BOEs(i) up to a high case (P10) of 4,379 million BOEs(i), with a best estimate (P50) of 2,188 million BOEs(i). The January 1, 2010, report entitled "Resource Evaluation Report, Centric Energy Corporation, Kenya Block 10BA" is filed on SEDAR under the Company's profile. Prospective resources are defined as "those quantities of oil and gas estimated on a given date to be potentially recoverable from undiscovered accumulations. They are technically viable and economic to recover." Note that the estimated prospective resources could be oil or gas and that the estimate does not include consideration for the risk of failure in exploring for these resources. There is no certainty that any portion of the resources will be discovered. If discovered, there is no certainty that it will be commercially viable to produce any portion of the resources
This is going higher not matter what u say. i bought more at 0.25. if it goes down more to 0.235 i buy more. last tranche will be at 0.20. this is an easy 0.40 - 0.45.