RE:RE:Trillions of gas/ billions of oil in Magallanes Basin of ArgThanks for this. Very interesting and I believe you have hit all the high points. My ony thought is that on a post split basis the company reached $8.00 with no drilling success and I would think it would be higher than $7.00 with all the drilling results and plant expansion (but you may be right). This would just give insiders a 100% increase and I think they would expect more for the risk involved.
If there is success and the plant is expanded I would think they might consider spinning this off as a separate company to monetize its value. Say after expansion they have $10MM free cash flow they can issue a $.30 dividend or about 66% of cashflow.
Just blue sky thinking.
cheers