Re: Updated Corporate presentation - oilmaninvestor
posted on
Apr 07, 2014 10:21PM
Team. It is simple math. The leadership has no desire to be a production concern. Because of the number of shares outstanding shares we get a dollar for each billion invested. It will take 5 bill to get 5. Until enterprise value kicks in as a result of demand for the stock we make a buck US per billion invested. So whether it's ICAN or Chevron it takes a billion plus for a real move. Falcon is in the monetize business, not production. A sell at 844/ acre will get us $5 us +/- a sell @ proven @ $4009 us is what they are clearly going for which may gross us 30.45. Us. But that is two years away. At best. ICAN or Cheveon. Quigley said two years for a 10 bagger. We deserve more.