GREY:PSLRF - Post by User
Post by
RIG500on Dec 13, 2012 8:55am
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Post# 20723905
cheap valuation
cheap valuation We will be getting our 2013 guidance by the end of january.
In 2013, PXL will likely average 3,100 boes which based on $65 WCS (inc hedges) comes out to $0.40 per share.
Basically, we are trading at < 2.0x CFPS multiple. HVL is working as expected and the company is shipping 400 bopd by rail in December.
The question is, when will the market reward PXL?