Post by
pablo87 on Mar 22, 2017 1:42pm
New presentation is out as well
Much more professional. Not BSing us, simply putting the company in a positive light. No longer mention Ante Creek, lol. I like that they show the netback sensitivity on Waskahigan - this is why they were so sure of their $20 netback. I don't know what to make of the Elmworth results and the fact they have not changed the type curve....
I also don't know what to make of the lack of info on cashflow for the year, year end debt and hedging even though they've fixed the capex budget. I've not seen any other company do this...
RMP is trading at $100M market cap with 500 locations, soon to be 4500 BOE/d, with infrastructure. Which is what they sold Ante Creek for. So there is still upside here.