I have been close on all BPD projections less than 10BPD off on both Mitchells !!! TheCEO swami Sez 110-115 Bpd IP and leveling to 90bpd 3-4 months out !!! PPS 4th of July .044 August .059 Sept .066 Oct .087 this is without Belize based on 1-3 new wells a month from Texas !!! If Belize runs to the tune of just 100BPD then add .04 to each valuation and another .03 for every hundred there after. Or as I would put it to the LIE HUBBERS DO THE MATH !!! If anyone thinks we can get 500BPD from SJ3 by OCT 2nd that would have me at a Bullish .247 with just 100bbls .127 by Oct... and a Median PPS over those months of .0766
Lastly If and when 1000bpd happens for overall production I believe its this amount from what I have gathered that will implore institutional money... When that happens jot me down for 1.75 a share that's assuming we get a double up automatically and then 3.5x more $$$ influx from Whales and institional buyers based on that # of 1000 bbls plus
That's my Nickel or rather my 2 cents ; ) ALL IMHO
