Post by
Ramsy40 on Jun 08, 2022 11:18am
Compare TAL and LOU
TAL $0.95 LOU $0.90
LOU has 660 Million shares. TAL has 839 million shares
LOU posted $5.88 million Net Profit
TAL and LOU has 11000 barrels a day production
Both Are Canadian companies.. TAL production in Peru, LOU production in USA.
There is a politicial risk in Peru.
Comment by
Bean_and_Dunn on Jun 09, 2022 10:55am
Duh, Check out the most recent quarter. Tal's profit was US$64.5 million in Q1 2022. Since then prices for Brent Crude are up 20%. TAL's average production is ~17,000 b/day and set to rise, when the ONP omes back onstream. Flush production of 10H was 10,500 b/d.The well paid out in under 2 months. CPF can handle 26,000 barrels per day and are fully approved.