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Friday, July 12, 2013 8:52:48 AM
While we spend a lot of time looking for potential pitfalls, barriers, and disruptions that could prevent the success of the company. I think it is worthwhile to look at the upside from time to time.
So with that, let's assume the stars align, there are no dishonest businessmen, and peace breaks out worldwide. Followed by: A two well exploration program on two seperate fan prospects is announced; both of these come in on budget and lead to discoveries guaranteeing an appraisal well; HDY sells off 12% of the concession for $1.2B or better and has a shot at seeing first oil with zero debt and no further dillution. (although they would probably blow the cash on diversification and stunt growth to appese conservative shareholders). Stock splits 8 for 1 and we all get rich.
Disclaimer: I think the reality lies somewhere in the middle.
Happy Friday everyone....
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