GREY:AVNDF - Post by User
Comment by
bigbank91on Mar 16, 2013 11:30am
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Post# 21139457
RE: Avf
RE: Avf I agree that if pce votes this down it could be one of the worst decisions ever.
pgf have seen a big gain from the price of natural gas.
pricing in spy right now could very well be $3.00 before divi announcement, and soild growth from there as production increases and hedging is boosted.
pce will be forced into an immediate asset sale just to cover there capital program to sustain production which is 4million after break fee. They do not want to sell assets in this market and give up any production when they should be adding.
if pce wants value out of their assets they should be drilling them with big capx programs not selling them right now.