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TheGuy87

09/24/20 12:39 AM

#10476 RE: Farmboynate #10475

Well they applied for 1000boe/day transfer permit. So lets say they plan to do 500bbls/day thats still 7.3m $ with 40$/bbl oil

Get oil back to 55$/bbl and your past the 10m mark.

Mike said they want to get as close to 5000 BOE/day by end of the year

Yall can do the math.

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rondo83

09/24/20 9:11 AM

#10478 RE: Farmboynate #10475

Yeah and even half that number makes this market cap stupidly low.