Kinematik,

Thank you. Looks good to me.

Those are great numbers crunching. I said all along that SNM is way undervalued.

So far, Atrush has found 627 mmboe (best case).

SNM has 20.1% or about 132 mmboe.

132 mmboe times $9.67 would give us $1.276 billion or about $1.55/share NAV. Net Present Value calculations would be lower. The value could go much  higher if we keep finding more oil.