Thursday, August 21, 2014 7:06:36 AM
But it is really ridiculous to calculate a future market cap of 75B (from one supposed Kreyenhagen lease without even confirmed oil at their spot). That's half of what BP is worth.
Plus with all the toxic debt still there, I believe OS might even double again before they start even the first hole - if ever. They have not done any mapping so far, nor invested in drilling tools, no cash on hand, nothing. 6.4B shares sold and from those revenues bought... nothing.
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