Hyperdynamics Corp (HDYNQ)

[Money Mike 1]

Great confirmation from yesterday's press release that operations are moving forward. I think the price will setttle around $2 until their is a farm out announcement and or dilution. $2 @ 22 million shares = $44 market cap. If they issue 30 million more shares then $2 @ 52 million shares $104 market cap. For that reason I can't see the price being any greater than $3 prior to drilling because that would give HDYN a market cap of $150 million especially in this oil price environment.