Valeura Energy Inc T.VLE

Patient Waiting and buying the dips

[nozzpack]

Valeura is actively pursuing several M&A opportunities, targeting near-term production and cash flow, plus follow-on investment opportunities to enable mid-term growth.

The Company is currently in discussions on several opportunities, and will disclose further details on these transactions in due course as appropriate.

[EQUINO]

Dated January 20?

[nozzpack]

I m pretty certain of the target/ partner and it's a good complementary asset whose owners have the same goals as Valeura in the same international arena. So, I keep buying $0.62 in cash for $0.44 or so. In the meantime, real commodity based money will soon overwhelm the Petrodollar . That outside money ( New Bretton Woods ) will have as its core commodities oil and gold. So, owning oil and

[firstworld]

This is not really cheap cash especially compared to AOI at $2.25-2.80 with $300-400M free cash flow for 2022 and no debt, no high risk like VLE and huge upside on oil prices and diversified oil in offshore Nigeria, Kenya, and now offshore Namibia with 3.5B recoverable bbl with Total and other super majors. Sadly, even with the Euro has crises VLE has not even been able to find anyone willing to

[nozzpack]

Oil falls to $35 and AOI crashes. That makes no difference to VLE. One is risk on and the other is risk off. Your choice.

[firstworld]

Well I dumped 400K share VLE around .50 bought AOI at 1.20 and more than doubled my money. I could buy it all back but the fact Turkey pipelines to EU are owned and controlled by RU, and Turkey is arming the UA Nazis puts Turkey in the cross hairs. Oil will be $300 bbl before VLE ships a single tank of NGL and it won't be in a RU pipeline that's for sure. The sad fact is VLE management

[cyber37]

I agree that those Unite Arab Nazis - UA Nazis do like Turkish women but that has very little to do with $300/bbl oil. It will never happen because Russia will soon be exchanging oil for bacon to avoid starving their people & they sure have plenty of oil….but very little bacon. VLE will do ok, if anything China who need gas will help to maintain those pipelines through Russia since Russians

[Stockking01]

These guys should get some sort of award for worst management team in the energy patch. Sitting on all that cash and unable to due a deal while oil goes from roughly $40 to over $100.    

[bandit69]

No kidding.  Talk about egregious incompetence.  Yet I don't think any insiders are losing any sleep because jobs are pretty secure it seems.  Ride the cash all the way down to zero and nothing can stop it from happening.  I wish I could find a job like that.  

[cyber37]

"Ride the cash all the way down to zero and nothing can stop it from happening..." Wrong, shareholders can stop this gravy train. On upcoming annual meeting we need request to vote for management and BOD personnel and vote accordingly. It can be done.   G37

[bandit69]

They've ridden the cash for 2 years, were there 2 AGM's in that timeframe? Not wrong.  Nothing will change from the upcoming AGM.  

[firstworld]

AOI just got $100 M div payment!! They will probably get $400M this year plus they have $260M cash over at Prime. So happy I dumped this loser VLE.

[traderlong2]

Shame you will miss the run ! Glad AOI has you in VLE could be a buck by friday with any luck ! come on with a deal or resignation both should do it VLE was up 9% today lbut still a long way to go I see aoi was down 4.4 % Best of luck to you firstworld

[firstworld]

VLE has failed to deliver anything during the most opportune times in modern history haha. Now they have to compete with everyone at ultra premium prices. It's a Micky Mouse show chasing pennies and always will be when you lose a super major partner like Equinor....no one else worth anything will touch it. Thankfully I don't have to count pennies and have already trippled the substantial

[Welldone777]

Could you pls Cut Bs buddy. Just like everyone else here, You are one of the longs or thats the impression I get after reading few of your posts. You are just lil upset and its understandable. there will be few announcements soon I believe. Than another one ! Oh wait!! Another 2 or more surprise announcements???

[energee]

Hey Nozz. Who do you think their target is? Been away for a bit but maybe I missed your post and can't see who you picked....

[bullhorn3]

I follow Nozzie around, watch what he is saying. He has done his homework and is certain about everything, including the fate of the world. Reading his mind now... I think he has chosen TNZ. The major fly in the ointment is his dedication to comrad Putin and his belief that war is the best way to achieve objectives (read his meditations in the Kub board).

[nozzpack]

POE...

[bullhorn3]

I think Nozzie is trying to throw us off track now. If TNZ is the chosen company, should we invest in VLE or TNZ? Or sell one or the other? I guess the terms of the purchase will determine our course of action.

[whothe]

Nozzie noze nuttin !!!!  I have lost track of the number of times he has called for something to happen....