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Is anyone interested in discussing the prospect of this company. It has approx. 96.3million shares outstanding and is currently trading around $2.00 a share. The last quarterly report indicates production of 9500 boe/d with earnings of $0.02 per share and cash flow of $0.08 per share for the 1st 3 months of 1999. The predicted cash flow per share for 1999 is $0.42 and $0.60 for next year. If these predictions are met then we should see a gradual increase in the share price to between 3 to 4 dollars a share. |