RE:valuation trumps pumpers, bashers, paid this n thatEnterprise value is currently 0.21 cents according to the company. 0.25 cents in 2015 will not happen imho. With limited drilling (3 wells maybe?), again, a year with production declines in reserves, huge G&A expenses, high chance of negative cash flow, reduced cash to 25M, forced to have a line of credit due to imperical loss in q3, and q4 of 2014 (when Brent was 60-100.00).
Remember what production declines are in one year...20-30% in Las Maracas.
The only positive this stock has is the Columbian Government trying to make their oil more marketable, and easing slightly on royalties....THATS IT.