OTCPK:PDPYF - Post by User
Post by
MEGat2buckson Dec 31, 2016 11:03am
140 Views
Post# 25656662
Market cap
Market capPpy 1.1bln debt included
Birchcliff 3.1bln debt included
Ppy 40 000boed
Birchcliff 55 000boed
Ppy 250mln proved reserves + 300%more coming
Birchcliff 300mln proved reserves + 80%more coming
Some current numbers are in favor of Birchcliff
Next year ppy will produce over 60 000 boed, even at nat gas 2.50 the company should triple in market value, which is 28 bucks share,in the worst case 20 bucks, best 35.....all depends if nat gas is 2,3 or 4 bucks
Hopefully they hedge most of its production above 3bucks nat gas