Vermilion Energy Inc. T.VET

The prize at the bottom of the cracker jacks box

[Oldnagger]

Apparently , there is going to be a shortage of toys for xmas this year.
So here is one that adults can enjoy - Over 2 million acres of undeveloped nat gas and oil lands in Europe. Even at $1000 per acre that equals $ 2 billion.
I am sure the land is worth a lot more than that. Once developed it can be worth many many times more. Scrub the div. Get drilling Europe is absolutely starved for nat gas. Even Nord Steam 2 won't change that if Europe ever wants to get their GHG' s down. The world is awash in Coal. Replacing it with nat gas is the only way to go. Not perfect but a heck of a lot better than the fairy dust the politicians are offering.

[CashGreenGold]

Holy smokes!! I forgot about their land positon!!  That alone = the value of their debt!! ...which given the sheer level of inflation IM expecting from the $10.5 trilion printed 2020/2021 so far (with wayyyy more to come), the debt won't be a concernn at all which brings me to my thesis of overweighting a heavily indebted name like VET. I truly see this going back to $50 

[Oldnagger]

Try $10,000 per acre , certainly not unreasonable give nat gas prices over 20 USD per mmbtu. then think USD !!

[whoLuLu]

CEE EXPLORATION POTENTIAL VERMILION HAS BUILT A HIGHLY PROSPECTIVE EXPLORATION PORTFOLIO ACROSS CEE Approximately 2 million net acres of undeveloped land in the Pannonian basin across three countries (Hungary, Croatia and Slovakia) Focused on under -invested basins prospective for both oil and gas that can benefit from new technology CROATIA 700,000 net

[CashGreenGold]

Good God Nagger...The undervaluatrion here is staggering