Friday, May 10, 2024 1:03:48 PM
I got a company with an asset in the EEZ valued between .17 cents a share and .20 cents (if you go by the Kosmos valuation or the xrimlinger.com one), but whose share price is very low because it's heavily shorted and the price is controlled by shorts who can print shares and sell them.
I know that all it will take is for that value to be realized even if it's in the form of a penny or two dividend to cause a stampede of shorts to the exits causing a squeeze into the dollars.
And all we have to do is wait.
In the meantime, we find that block 4 is worth much more given that it's source oil. And we know the JDZ assets are worth around $.80 a share if they're comparable to xrimlinger.com jdz valuation.
Shorts love to confuse value with share price, but in the end, it's the value that wins out.
Krombacher
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