I think you are correct. I also love the fact that there is no debt added. We could have a cash machine if everything lines up.
Wow. The more I look at the PR the more I realize how if completed, Mr. Lancaster did one heck of a job.
I think the debacle of SLJB may have spurred the BOD to release this PR in addition to the constant inquiries from current investors and dare I say the musings from this board.
RlCuban, I think you are exactly right. There are many oil & Gas plays out there who have borrored millions of dollars to drill one well and they are trading at 4-5 times what BIGN is currently. Qoil is one of them. Billiam