It depends on who they sell it to as well and which refinery is going to process it. It's great there is oil, but really we're talking loaded questions here way in advance. Without knowing how much the oil will cost to extract let alone the market price per barrel on day of sale when months or even years in advance. No one can predict that here.
I am hearing some very good news regarding holes punched and producing in the Jasmine Field just in the last month with another local guy who has done good.
If funding is scare and far and in between we might be talking summer of 2012 before any source of funding comes in. Jim doesn't PR things and isn't shareholder friendly and keeps us in my opinion a little too much in the dark. Kind of a guessing game, and I don't want to take the mans time pestering him calling him either. I do like the fact he executes and keeps PR's to a minimum. But with a publicly traded company he needs to step that up a little in my opinion a little too much in the dark between periods of time that lapses with no news.
But, if he gets that funding should be a good double and triple in short term with possible upswing to .50's and .60's...down the road possibly depending on forward looking events.
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