RE:RE:RE:RE:How much?I agree nav, they are making copius amounts of cash these days, anyone selling this just doesn't know whats up.
My choice would be to initiate a healthy/sustainable dividend(say 6%), pay down the debt to zero(which won't take long), then start to drill/prove up their eastern(more oilly) lands. Im my opinion that adds the most value to the company.
I personally think these O&G prices are going to be the new norm., war time or not. The supply just isn't going to be there.
I think once these guys instate a divi the sp will push towards, and maybe break through the $10 mark, probably within 10-12 months.