The next goal For me is a meaningful reserves report.. if we can get a 3P even a solid OOIP within the scope of their license it will be far easier to evaluate SNV's potential...and that is why we are where we are... it's still an OIl and gas exploration/prospector with zero production...ANYONE hanging their hat on a producing well within the next year or so... is going to be disappointed... Heavy oil... isn't known for it's booming production numbers at the wellhead... IP's of 100 BOE/d would be spectacular... Heavy oil is a roll up the sleeves and sink a couple of hundred wells to produce 1K+ BOE/d for the next 20 years....sort of proposition...anyone that thinks SNV is going to be an overnight success is mistaken... the only added value within the next year is going to be the reserves report I wrote about earlier... sell on that pop wait for the hype to die... then slip in again and wait for the buy out... in another 2-3 years... the political noise will have settled the war will be a fading memory... and a multinational will be glad to buy out SNV and it's prtners and pay them handsomely for their exploration efforts...
at least that's the way I see it... do your DD... if you have a short attention span... and like to stare at the ticker scroll this may not be the stock for you
as allways it's just my opinion...do as you choose but do your DD first