Do not dispair.
What is a realistic development plan for BBW, BBE and Lafitte (forget the others)? Twenty wells within the next three years or so?
Twenty wells at 2.8 cents (my longstanding guesstimate of the ORRI per well) per year equals $.56.
And today the unit price as I type?
Keep the faith.
Go to FCX.
Twenty wells in three years?
And no rig running on any of the leases at the current time?
And no completion plan for the holes that are just sitting there?
Your suggestion of rapid development seems a bit optomistic to me.
Leon Superman to the rescue?????
The don't call me Polygon (Pollyanna's brother) for nuttin.
Well said-----patience will reward the investor here-----
Nice bump so far this morning.