Tom knew all along he had a great find in the MISSISSIPPI Lime, why he heck do you think he told Trent to go gobble up all that land? Too many short minded people here that can't see the truth. The MISS. LIME will be a great play for SD I can't wait till we get a CEO that will add shareholder EQUITY... TPG- Axom will shed the fat and bulk up the share price very,very soon! Once they get in and see what all is really going on they will be AMAZED at the great fortune they have just uncovered... $5.50 today and Analyst think we are over priced LOL I can't wait till the 30th of June after the quiet period to hear wait TPG says about what we really have going on!!!!!! Most here will be very surprised to find out just how crazy this company was run to keep share price down and to keep potential corporate raiders from even thinking about trying to take over SD... Believe me BUY all you can down here it's a GIFT that most have ZERO idea about!
Sentiment: Strong Buy
Agree with all that - remember this is INITIAL production and all geologic data shows declines with historical production #'s, but pick a decline "spot" a year from now and we should still have significant dollars of revenues hitting the ole bank account. GLTA Long's
They don't get to keep all of that $1.1m though as I am sure you know. Lots of ongoing costs need to be factored in. I also thought that they receive slightly less than WTI pricing also.