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ShaMaran Petroleum Corp. SHASF


Primary Symbol: V.SNM

ShaMaran is an oil company with production from two adjacent blocks in Kurdistan. To date, cumulative production (100% basis) from its fields has reached over 120 million barrels. The Company is focused on developing the considerable reserve and production upside potential of its projects. ShaMaran is part of the Lundin Group. See the latest MD&A and AIF for important information related to the its projects, description of the Company’s business, reserves, and risk factors.


TSXV:SNM - Post by User

Comment by Esiiiiion Nov 22, 2022 8:28am
387 Views
Post# 35118072

RE:SNM value

RE:SNM value


Great observation. They got paid  P/E now is about 1,3 if you include Sarsang-production.

But the company is focusting on growth and bondholders instead of shareholders. This is a problem.

If this changes and company goes to debt free, then together with buybacks, I think we could se the 6kr that Lukas Lundin spoke of.

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