Post by
drunk@noon on Jan 17, 2023 7:59am
When they have been guiding for years of 20,000 plus bopd
production and now drop it to 14,000 management has lost credibility. Invest to supplement the barging fleet is a no brainer. Or is it a case of them knowing Perez is going to shut things down every 2 months. Either way they are clearly decieving shareholders. Ready to sell at least half of my holdings after I hear the presentation on thursday--as the potential reward is no longer worth the risk.
Comment by
mjh9413 on Jan 19, 2023 10:18am
Have to agree that their forecast has to include all types of contingencies, especially in near term, but they averaged about 12k bopd in 12 days to Jan 17 and I hope there will be ongoing avarage in the 10k to 12k in that near term.
Comment by
Sunset48 on Jan 19, 2023 11:48am
Agree with you MJH94. The good thing is that when they surpase the 12,000 bopd it will seem like a bonus.............and a bonus is good for our share price. Keep the faith. Sunset.