RE: CIBC Playing Games But why did you sell at 17c?
We have oil, 13.5MMbbls NET to Mira (mimimum), and probably much more.
Schlumberger modeled that the oil from TSB1 will flow at 2,500bopd.
A market cap of just over $24m is crazy cheap. Look at Mart Resources that are operating in the same region. Mart have less oil than Mira and a market cap of over $300m.
The Tom Shot Bank field will prove to be a huge asset over time.