88 Energy Ltd (EEENF)

[Teekobrohey]

You have to consider the intrinsic value the billions of barrels of oil has. I believe it was speculated that in the ground, during current market conditions, it can be sold for at least 10 dollars a barrel. In a super cycle i’d imagine it can easily go north of that. So a conservative estimate, with 1.2 billion barrels going for at least $10 a barrel, would have to be closer to a dollar IMO and that doesn’t even include project Icewine or the Umiat field.