Hard to say. With all things being equal, it could be anything. Realize the function of a stock market. A companies issue shares to finance growth.
As events unfold themselves and depending on what they are, at some point in time AIPN will have to issue more stock in order to finance any project depending on what is found and to what extent. IF this one prospect is equal to what is speculated you could see this stock at $20-25 @ 1Billion barrels, in short order. But and if, there is even more say 3 billion, then you could see it even higher. Then it wil track oil and it's demand.
Conversely, what if there is far less say 500 million. Then what will the stock be? I've no idea. IT's still a speculative risk, as far as where we are at this stage. Actual reserves have to be drilled and tested, not assume to exist. One well, will not send this stock to it's highs. There will still be plenty of time to make money.
However, disappointment could send the stampede to the exit door.
It is not for me to speculate what the price of a stock will be, with all the unknown variables that still exist. Without a doubt, the most important thing to be done is get a JV. On that news they should then be able to get the warrants exercised and then secure some favorable financing, with a good cash flow to participate in this venture. But, but, but..................... |
