Not to mention there is 1.6 trillion dollars worth of oil in the Monterey shell. If they could even extract half a percent of that! We would be sitting pretty!
Again.....nice estimates, Audacious. I hope we see that PPS sooner than we expect, with total assets/reserves factored in.(And, as you stated, this is a conservative scenario) Hope fantastic things are just around the corner for us.(Also, nice close today!)
Very nice trading day so far! Audacious: If those reserve numbers are even higher than the report you provided, where do you see our PPS at?(Being that conservative numbers would result in a PPS of $1.77) Man.....I hope we are well over .01 by the Holidays, and at a buck or more by next Spring/Summer based on assets alone.(I hope we are at the cusp of something monumental and unprecedented here.....we've certainly been very patient up to this point)