RE:Cormark Falcon Oil and Gas Analogy - Run the NumbersI believe that you had many zeros on you $ estimate.
Let me guess.....One analyst pegs VLEs share of the recoverable volumes potentially ranging from 500MBOE to 1.25BBOE = $30B to $75B in revenues. It should be noted that often the resource estimates can be grossly understated. Now we have to deal with this condensate stuff which wasnt expected. Not saying thats the case here but....
A bit of work left to do but do I sound like a guy that has sold any shares today? Full disclosure Viking, how many shares do you and your client own?
A $240M cap would be justified if these guys had a decent concept planned.......Certainly we are quite a bit further along than that I'm happy to say.