Added @ $1.97 usd YES!!!! I added because of the new line of credit giving them $1.54 a share in buying power, add in
.43 a share in cash on hand, todays price gives you $1.97 in available cash and no value for 52 million boe 2p reserves and $330 million in tax pools. And to top it off we have first oil from Athena! In a couple weeks she should be humming right along. GLTA
Did I mention they hedged
.52 a share in future cash flow in 2012 &2013 @ $118 bbl