Fundamental DD supercedes t/a overtime:entities big $'s need to be invested & very badly need excellent management experience in both $'s & oilfields. Hemi is far below book value based on DD of how investment/oil companies value/buy proven-reserves from the independent reserves report on the 5 leases with mature wells in Kansas alone. If you will only extrapolate all the excellent DD posted vs the very very undervalued market cap to better understand the much Bigger picture for HMGP leases in BOE values in Tx. & Ks. Please read connecting DD projection posts very carefully. Group has been volume block buyers today too. Group's total positions likely only second to management in HMGP & was posted in Dec. as volume buyers since Oct.'06. Therefore your dd ~ PMquestions from Investorshub ~ will have to read between the lines in DD projection posts. Thanks for all the excellent dd team members that value DD2 accuracy too. Tia
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