Novus is currently trading at 54,000 per bbl at 78% oil or 69,000 per bbl for the oil only with $0 for the gas.
If NVS goes for even 95,000 for the oil alone you looking at 1.50. Yup. This company is asking WAY too much for thier production. They should be packing it in just like the smartest fact driven brainiacs on this board.