RE:RE:Stock Price Estimate I suspect market value of the stock will with no commercial hydrocarbons (would be a first for a basin of this size and depth) is 0.25 cents based off the book value of their assets and 50 dollars per share at 100% proof of commercial hydrocarbons assuming geologists are spot on with their estimates of recoverable reserves. It will probably not be one or the other but somewhere in the middle. And it will depend on things like the stratigraphy, type of cap rock, payzone thicknesses, and how easy the conventional targets are to access.
This is just my opinion. But I believe it to be a reasonable one. In the meantime, the price is gonna get hyped like crazy and that alone will drive stock prices.