RE: RE: RE: RE: RE: RE: News Was Good, but This Company is going nowhere for cheap. Avoid all the best case scenerio and say the management cant raise any cash , and lets look at the worst case that no share holder wants to hear-After the reserves are released I am sure we will see .40 or .50 and the company will be in a position to raise enough money through 100% dilution that would enable it to drill the TSB 3 and complete TSB 1 and build a pipeline. After that the cash flow would recover the entire worth of the company in 2 years or less (at leasr 5000 bbl/day). So do your math guys and see the worst case scenerio that I have described above is better that the best case scenerio of most juniors out there. All these assuming no new fields acquired including the ones they said they were bidding for . We are sitting on 41 API crude 5-15M deep close to a refinery and with low royalties! and I see guys here calculating with $10 netback. This crude is a $50 netback! you can find information obout netbacks from Albertans companies that sell crude cheaply to US due to lack of pipeline. Nigeria sells to the world markets. So if you can relax and if you can't then buy some more,lol.