When a major international oil company buys this stock at 48.8 cents and commits money to a demonstration project, the day to day operations of DWOG, and establishes an option to commit a further $110 million in financing to earn a substantial working interest, there is a reason to buy. The investors obviously had access to confidential information under a confidentiality agreement, which means they would have had their own experts study every aspect of the reservoir before committing. When you look at Maurel and Prom's success record in the industry, these are astute players. They make this investment on the belief that the reservoir is worth a lot. So, to answer you question, if they think 48.8 cents is a bargain price, why wouldn't you?
