Re: Beg to disagree with a few
posted on
May 05, 2014 09:24AM
The question. What has changed? Number of outstanding shares! It will take a billion dollars to make a share worth a dollar. 5 billion for 5. Etc etc. The company has zero enterprise value as a result of NEW demand. If that happens, new demand, we might see $0.50 us. Just too many outstanding shares. The best situation for us would be to see Falcon sale at say 844 per acre. Do the math and the return would be reasonable. O'Quigley is very clear they have desire to be in the production business. So. They will be looking to monetize in about three years when proven and market says the resources are commercially viable. The origin press release supports this view.