RE: Danka Fatstacks- Excellent post and IMO you nailed it. Besides, perhaps management is under promising (on purpose) with the plan to hopefully over deliver but of course certain posters never look at the potential positives.
Stocksplits- Agree with you as well. Shallow wells at about $2 mill a pop for 200-300 bpd a day would be considered quite good in certain parts of Canada.You see companies spending triple that(and more) on drilling costs to get that type of production from an expensive multi frac horizontal well. I really think investors (and analysts) had too much of a pie in the sky thoughts of what production rates (and declines for that matter) would be.
bashermasher1- Yes, we still think you don't know what your talking about as the last couple days of pressure on the SP likely have very little to do with TAO itself and more to do with the fact oil is down over $5 in just a few days and markets as a whole (commodities even more so) got a pretty good haircut.
Regardless, not much longer now and the new facilities will be up/running and it shouldn't be long after that we know the actual numbers. Follow that up with the 2 wells on the EC and things could get interesting.