I am long and heavy in MEO and I REALLY hope you are right, but I'll go ahead play the devil's advocate because there seems to be some unrestrained optimism when it comes to projections around here.

Simply put: We don't have one confirmed and documented producing well yet almost a year after first spud, but you are projecting a perfect 35-for-35 wells go commercial at at least 100bpd? Look, if we are really a $6 stock then I get to retire at age 37, so don't mistake me for a basher. But in my view those projections are nothing more than fantasy right now. I'll glady take one NR with a documented 100bpd commercial well, plus some gas. That would be the long-awaited evidence that these guys know what they're doing at least a little bit as we move forward and pour more money into this. If that's enough to get the stock price back up to a stinking quarter, I'll gladly tip a glass, celebrate my good fortune, bank a little profit and then re-buy on the ensuing dip.

$175 million? We are so far away from being able to talk about that right now.