valueCan you show me where I am wrong?
Debt: no debt * well $500k to insider?
46 BOPD
$20 000/bbl value (high op cost, water cut, some single well batteries)
Total $920 000
Total shares out: 35.36 million
=$0.02/share on sale or $0.01/share if you factor in debt?
What do your numbers say?