RE:RE:RE:RE:Share ValueSo with the 3 wells its about 116 Million lifetime. So the market is only pricing in what each drill finds not the whole project life time. Makes some sense.
I don't think many players get the full LIFE TIME value up front without having all of the well producing.
Don't see the price moving much from here until end of year when several other wells have been drilled successfuly and are producing REVENUE.....
We'll see. I have shares and will hold until then.
Good Luck Guys.