RE: RE: Valuation gamesOh you read me wrong! Never ever assumed or even thought the 2 billion barrel case was possible but you never know in this region! No i would agree that 1 billion would be superb and 500 million more likely! But that is still a great number and combined with 20-30,000 barrel flow rate i think would give us $2 and possibly $3 per share but we will all find out soon enough! Once again good luck to all! Even matching WZR's run to a dollar would make me happy as it would be 125% return for just a 6 week hold period which is not bad in todays market!
Longrider
PS Remember one thing, Heritage which borders our property directly to the north reported recovery factors of 50-70% which is 3 times the factor Vast was given in their corporate presentation. If we achieve these kind of recoveries the recoverable numbers could double or triple.