RE:HYDRA Capitol Partners on VLEI’m a shareholder all the way back from Thrace so naturally I would like to see VLE stock do well but only if there are good reasons. Reasons like major reserves addition to support rather short (still) current life, production increases from new formations rather than from optimization of old mature existing properties and most of all …..how about that $250 million of abandoning liabilities?
Yes, NPV is $7.5/share with a healthy cash flow but how about 5 years from now? AND how about that Thrace project? Glad to see less of those ignorant yet amusing posters voicing their wishful forecasts & I’m also glad to see that VLE is slowly establishing its own trend of operating and way of going forward. Still, much work to be done and this coasting period is over so I’m looking forward to the future. ….get on it.
G37