RE:RE:RE:RE:RE:The set up...Wink Wink...Of course inventory will eventually come to an end but current 3P reserves stand at 36mmbbls and with contingent 58mmbbls so if they are successful converting these to proved reserves that means they have a 4-7 year reserve life (at 9mmbbls a year). That's ~$650Mn to $1.1Bn of free cash flow over that time frame or $6.50 to $11.00 a share of cash. The assets have shown stable production and additions to 1P since 2017 per their presentation so you have to assume this will suddenly change which there is no reason why it would from what I've seen.
Just my opinion but this will be a cash machine for the foreseeable future - but it may take the payment of dividends to prove this to the market. GLTA