GREY:BXEFF - Post by User
Post by
twobyfouron Jan 23, 2019 2:18pm
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Post# 29271844
BXE
BXEat the moment aeco gas prices are $1.75, over 50% of there gas is hedged.
BXE almost does a $1 in cashflow per share, with this they service their debt and maintain production around 36kboepd.
Aeco gas prices will eventually increase and im confident the gas price will be over $2.5 this year, once this happens watch how the cashflow increases.
BXE is not going bust, mkt cap of only 36m, if this was listed in UK it would never be valued this low.
By the end of quarter this will be near $1 per share.