Post by
downwithdotcom1 on Apr 15, 2024 5:11pm
VET-potential big increases to their FFO
2024 budget forcast (estimated)
Brent (US$/bbl) $81.26 currently $90+US$/bbl
WTI (US$/bbl) $76.03 currently $85+US$/bbl
TF ($/mmbtu) $12.17 currently $25-30 (not sure EUR or USD-exchange rate almost at par)
2024 FFO SENSITIVITY (C$MM)
WTI & Brent US$1/bbl $11MM
TTF & NBP $1.00/mmbtu $19MM
YOU DO THE MATH!!!!-end of Q1 now rolling into 2nd quarter shows a MASSIVE upside to their FFO-no wonder why the "other" Eric aka Eric Sprott just made this a recent top pick.
Most importantly, i expect to see a massive boost to their share price if they have any kind of success with their nat gas coming online from past discoveries (SA-10 block) plus the newest exploration wells being drilled/tested (SA-7 block) in CROATIA ..ALL ABOARD!!!! dwdc
Comment by
mnztr on Apr 15, 2024 6:11pm
Plus they have quite a bit of EU Natty hedged at 3x ttf.
Comment by
downwithdotcom1 on Apr 16, 2024 9:50am
yes, but this is ALREADY INCLUDED in their 2024 budget forcast-what they could be doing is adding NEW HEDGES ..dwdc
Comment by
NewfNewf on Apr 15, 2024 9:34pm
This is cheap and is trading around 2 x cash flow. Loaded up big today.
Comment by
Ebankbank on Apr 16, 2024 7:01am
So why is this stock price lagging so much ???