Jun. 20 at 3:09 PM
$GLND $GLNDW The thing the bears picking up .05s focus on is an ALL or Nothing scenario. What if we just follow an “outdated” seismic report and hit 20% CoS. A 20% success rate on 13B barrels of oil is 2.5B barrels. At a conservative valuation of
$3 per puts us at
$7.5B market cap vs
$100M. Valuation would re-rate on ANY find. Thank You for your attention to this matter!