RE:RE:RE:RE:Fair Market Value: $ 720 billion (Shorts to be FRIED)Also need to take into account that Jarvie estimated 120 billion barrels of oil as a very CONSERVATIVE estimate. He said if he gave the real number in his head of what he really believes is down in those basins, it would be laughable.
Even with only a 10% recoverable rate, this stock is in the hundreds of dollars per share, easy. On the hight end, if there are more than 120 bboe+..and lets say 220 bboe (The next Saudi Arabian basin)
The numbers they are projecting already seem insane. That's because this is the biggest find in decades.
Basically, chill out everyone.
This is a winner, it is just a matter of how many yaghts would you like to buy in a couple years down in Croatia.