OTCPK:ATGYF - Post by User
Post by
Darilonon Sep 21, 2012 10:22am
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Post# 20395484
SP
SP So IF production comes on line when scheduled, and IF it is really 3kb/d net to AEN and IF oil prices hold where they are AEN COULD see cash flows of about 0.45/share annualized. Other companies (like IAE) are being priced around 3x current CF so AEN SHOULD see a SP around 1.35 in the not so distant future. The market has been giving very low CF multiples for junior O&G lately - hopefully that will change in the not too distant future.