RE:RE:RE:RE:RE:Schaefer Mentions RMPThanks, I did. The circular has a couple of nuggets. Credit line is now $5M so for L'C's only That fact alone is worth 20 cents a share, lol. Someone should ask if they plan to raise it ( if yes then its not worth 20 cents!). Reserve report indicates 30 or so locations booked and is based on some sort of type curve, what is it?. Another question is, how many locations are unbooked - even Tourmaline provides this. Other question: what is budget sg&a and budget netback ( and assumptions).
Overall I feel that at current sp the risk/ reward is appropriate. As more info becomes available (excluding the latest land transaction price lol), that will change of course.