Have a look how profitable they could be with only 3000 barrels a day....
3000 barrels X $40 ( profit per barrel) X 365 days a year
That is $43,800,000
And we are talking US dollars !!!!
Now acquisitions are in the works.
Imagine by the end of 2023 how many barrels a day they could be producing.
If we think conservative, about 15,000 barrels per day that would mean....
$131,400,000, again US dollars.
Imagine what that would do to the share price
We all better just hope that some bigger company doesn't come in and take us out before we get the full value.
It takes time to build a company but only a small moment to get it taken away by a bigger one.