gtv, excellent! :)
Like you eluded to, it is extremely difficult to try and put a valuation even on something as simple as 2.15mil BOE proven reserves let alone factor in everything else in Hemi's arsenal.
One of the things that I've done is to compare Hemi with other small oil companies. When you do this and look at their market caps compared to ours, you are left shaking your head in bewilderment :)
The great DD provided by many on this board has allowed us here to see at least a glimpse of why many believe Hemi is so undervalued and has thus allowed many to purchase shares at this discounted rate. As details become more apparent and obvious (noticeable without the extreme DD) the share price will adjust accordingly and we'll be the fortunate ones to have been able to "see" and anticipate this adjustment.
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