Vermilion Energy Inc. T.VET

If you are going to dream, dream big!

[Quintessential1]

AT $90 USD WTI White Tundra Investments has a PT for VET of $191.92 CAD / share.

https://www.whitetundra.ca/pricetargets

GLTA Longs

[stockmarket1]

It won't allow me to log into that site. Does it specifically say what time of year for their extremely over the top price target prediction?

[Quintessential1]

No timeline but most go for the 12-18 month thing. Your comment about not being able to log in had me curious so I had a peek.   I found it odd that they claim to hold VET personally (their largest holding actually), but none in the fund. https://www.whitetundra.ca/ GLTA

[Abedim15]

The basis of their calculations is 8x FCF.... maybe in the olden days that was a possibility- but no chance of that happening these days, unfortunately 

[Citizen13]

They are clearly invested in cannabis big time. And i'm not talking about the stocks. .

[Quintessential1]

I said, "dream" I never said what induces the dream. LOL The odd thing is that in their charts and price targets they have almost every other metric in line. There are only a couple of outliers of which this is one. It is possiblble they are more invested in those outliers and are pumping them. Anyway I thought it would be fun to throw out there for those that think the $50 price

[Pandora]

And a little distraction to view our current battery technologies:

[Oldnagger]

Increasing sales of EV s are probably going to lead to increasing battery costs. So EV prices will rise and so will the cost of replacing batteries !! If the mining industry is subjected to the same ESG restrictions as the petroleum industry then things will only get worse . Perhaps PHEV s would be a better solution !! There is a huge problem with social engineering of all kinds . The incredible

[Quintessential1]

You two just make yourselves look even more stupid when you blindly embrace these untruths. Although the photographs are real; the accompanying description is misleading in multiple ways. This item is, in effect, an example of a failed business model rather than a failed technology. https://www.snopes.com/fact-check/electric-cars-abandoned-france/

[Nuttw1ster]

That's totally false and easily researched with a 5 second search. Those cars are electric and they are abandoned but because the company that owns them lost their gov't contract and went belly up. Those cars would be there electric or not. 

[clamlinguine]

So they went bankrupt. I wonder why. 

[Pandora]

I assume Nuttw1ster can do a 5 second search and give you an answer on that.

[Nuttw1ster]

...info is in the same article.  Was a car sharing service. Stupidity, poor service and the addition of Uber are the cited reasons.