No Sale - UnlessKelt reserves are production has been growing at 2022 30%, 2023 25%, their debt has now been reduced to zero.
Now 2024 they will ultimately add 75 Mmcf of capacity at Wembley. So another year of 30% or more.
Oil is poised to go higher and now with opec heavy weights Russia, Saudi are now removing barrels.
Oak kelted needed to drill because 2025 will be the year for gas with LNG canada startup, and and a big draw on gas in Western Canada.
Kelt should be able to add debt without consequence because they want to maintain growth and drill all those wells they will need to support higher production at Wembley.
Kelt is a undervalued opportunity with risk to the uside, by little on the downside.
IMHO