re: Ann: PYM: Increased Oil Production in Cat... Geezer what...

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  1. 7,117 Posts.
    re: Ann: PYM: Increased Oil Production in Cat... Geezer what planet are you on

    if they were aiming to produce 1500 BOPD do you think the share price would be where it is and the market cap so low marignally above cash backing? I dont think so

    50 BOPD is still 50 BOPD and means 2 things
    1. They are having success
    2. We will be generating income

    If FUT can get a 250BOPD going I would expect a market cap 5x current

    A target production rate over 1500BOPD and your talking a $100m mkt cap+ not a $6m

    Horses for courses mate
 
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