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Bullboard - Stock Discussion Forum Paramount Resources Ltd T.POU

Alternate Symbol(s):  PRMRF

Paramount Resources Ltd. is a Canada-based energy company. The Company explores and develops both conventional and unconventional petroleum and natural gas. It also pursues longer-term strategic exploration and pre-development plays and holds a portfolio of investments in other entities. Its principal properties are located in Alberta and British Columbia. The Company's operations are organized... see more

TSX:POU - Post Discussion

Paramount Resources Ltd > NVA $14.57 high today
View:
Post by MyHoneyPot on Jul 03, 2024 11:24pm

NVA $14.57 high today

If someone wants a block of NVA my guess is that their may be a good place to buy it right here. 31.3 million shares $14.57 = 456 million dollars. 

Pou is simply to cheap, they just sold off 6 million of the NVA shares, and they still have 450 million worth of them left. 

In Q3 you should expect to see production ramp up to 112,000 boe/day. 

In Q4 of 2025 you will see a new gas plant with all the wells to drill and fill the plant that is currently being constructed. 

So with zero debt POU is waiting for some desparate company to drop a golden egg into it lap. 1 billion undrawn line of credit. 

POU is just 18 months away from Wilesden green and moving towards a production target of approximately 155,000 boe/day 2028.

MHP

IMHO
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