RE:RE:Listened to the management callExit production should be north of 5000 boed if lucky close to 6000k , depending on drill program chosen for 2025 could see exit of 10k boed.
Budget needs to chose between buying shares back or money in the ground depending on bias I would expect 2025 production betwee 7k to 10k . either way that implies valuation of at least usd 10 to 12 .at spot WTI 70.
this one has been difficult to hold due to illiquidity however I think the end game is worth it ....above valu estimate takes into account iliquidity a takeout would look more like 15 USD.
again just my thoughts please do your own due diligence