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Bullboard - Stock Discussion Forum Valeura Energy Inc. T.VLE

Alternate Symbol(s):  VLERF

Valeura Energy Inc. is an upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and the Thrace Basin of Turkiye. The Company holds an operating working interest in four shallow water offshore licenses in the Gulf of Thailand, which include G10/48 (Wassana field), B5/27 (Jasmine and Ban Yen fields), G1/48 (Manora... see more

TSX:VLE - Post Discussion

Valeura Energy Inc. > Cashed Up
View:
Post by energee on May 28, 2021 9:09pm

Cashed Up

The deep play is a "pipe dream".

Thid Company is a great target for their cash (worth $.62/share) less about $2.25M of severance obligations and deal costs of $1M-$2M. 

No magic evident with this team. Someone should step up and move this company to new hands and the market will notice.  Ridiculous that it trades for 75% of its cash in-the-bank value.
Comment by copperplay on May 29, 2021 8:04am
They need to make an aquisition of assets or another Junior Oil who needs cash 
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