OK, I'll play ... $3.50 ... I'm betting high because:
1. The shorts are gonna get caught;
2. Tigers are now involved and more are sitting on the sidelines;
3. The company has been full of surprises lately and I'm betting we see more.
4. The Madeley is only producing from 1 out of four horizons, the others were cemented in due to pressure problems, we are drilling two wells producing all 4 horizons, these could be mega;
5. I still don't know how many more wells we can permit on the Madeley leasehold;
6. I'm betting we get announcements on an aeriel survery of our entire Belizean leasehold, particularly the offshore portion, and with it the announcements of offshore partners; while simultaneeously spudding in on the other two known onshore prospects and at least one new one in the Paradise concession;
7. Also, good news out of West Texas with a surprise McComas announcement.
8. And, finally, an announcement that we are being permitted to build the first "official" refinery in Belize.
$3.50 might be low.