Based on pink floyd's excellent mathematical analysis about value of production based on price, may I take it a further step.
If all of us thought hmgp was undervalued at .50 and higher and did not sell, and were encouraging friends,(I was, because I thought I was doing them a favor.) and hemi has added more leases, strategically placed, and oil prices have risen by fifty percent, why shouldn't we be reasonably thinking that hemi is worth more than fifty percent today or more than it was then?
One of the latest Hillary speeches, whether we agree with her or not, was about not holding hands with the saudis but finding domestic solutions for our energy needs.
Hemi is in a great position.
Just imagine if things were reversed, oil prices went down when hemi dealt with the flood, could have been catastrophic for us investors, instead prices have risen just at the right time.
Someone please pass the Koolaid. LOL
