"when it was $0.40 back a few"
That was back quite a few, before my time with TIV. TIV hit a low of .69 in April 2001, .40 must have been early 2000 or before.
Lots of folks got in on the announcement of the formation of the OPUS program to finance TIV's wildcatting. PPS went from mid-$1's to around $2.50 or so in a day, with the east coasters (including me) loading up early before the west coasters woke up. And many of us got out in $16's or so and then traded over the years.
I hope for the sake of a lot of shareholders who bought and held much higher and averaged down over the years, all the way down through the 12's, 10's, 9's, 8's, 3's, etc, that TIV might put enough real and sustainable numbers on the board to help any who buy in the $1's to get even or green.
Meanwhile, it's hopeful PRs (is that news, or just another hopeful PR?)
100 bbls a day? I've kind of lost track but TIV was saying hundredS of barrels a day were already in the bag a long long time ago. Maybe they'll get the 100 but wow, at what cost, and with what overhead?
JMHO
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