Post by
MyHoneyPot on Apr 10, 2024 3:05pm
Kelt is just getting recognized-it has Proven Value/Reserves
I appreciate that Natural Gas is currently out of favor, Oak has a healthy amount of liquids associated with the resource, with the huge Montney footprint. A lot of unrecognized value exists at Oak.
The BMO analyst was especially impressed with Oak, and the opportunity to add a signficant amount of value to Kelt in the future.
Kelt is bringing on more oil, particularly at Wembley and their is where the most significant production growth will happen in 2024.
It was good to see how BMO represent kelt "A well capitalized company"
Kelt IMHO will be in the 12 dollar range in January, when the plant comes on in Q4 adding 50,000 of gas production which will unlease reserves that are already in place at Wembley.
Kelt is to cheap, and should be trading significantly higher, they are no highly leverage and is a investable montney opportunity.
IMHO