At least 42% of acerage is still to be independently evaluated and assigned reserves. That's what makes this company so interesting. and i believe theyve been conservative in their 1P. The company hasn't downgraded anything. Only you have Ptolemic.
Imagine collecting over $50m. And now imagine what will happen when they upgrade their reserves on the other 42%. You don't do enough research Ptolemic. You simply speculate. You've got it all wrong mate.
FDM Price at posting:
61.5¢ Sentiment: Hold Disclosure: Held