easy doubleStock is currently trading at $1.45, which is just 2.7 times cash flow based on exit production of 2200 boe/d. The investor presentations that they are doing should bring more awareness to the growth of this company, so expect the stock price to reflect a 4 times cash flow multiple, (the same as its peers) in the near future.
If the company generates its forecast 75 cents/share cash flow in 2003, expect the price to double.
I'm long!!