RE:more CAW CAW CAW
Oh ferret, you are such a negative soul my friend.
1) Lets go with the known production and lets just say that the first 4 months of the year they produced 9,200 boepd and then lets just go with an average of 14,200 boepd for the next 8 months (I think this is low as they are bringing much more oil on line in the 3rd and 4th quarter) and if you do the average daily production for the year you come out with 12,500 boepd. I think we are going to be closer to 13,000 boepd average for the year but lets just wait and see.
At the Brent prices we are seeing we should have a very good year.
2) I am not worried about a couple of our management folk not buying shares at this time.
3) As for B1 I think you will soon discover that the SP will rise and maybe when it does you will move out of the dark and into the light.
Think positive ferret .........................................it will look good on you.
And oil can go aways up before it really hurts the economy. And there is such a thing as hedging which can go a long way in securing our CF.
Ithaca is in a very good position with just about everything.......................... the SP will rise.