Post by
Gringotts on Apr 03, 2023 9:10am
Pre-market Shananagans...
So far the market is not recognizing the fact that VLE is producing 21,500 BOE (as reported Friday). The pre-market value given to VLE can be attributed to the OPEC+ move, only - so far.
The company is very healthy and generated great FCF. I am hopeful that we see a significant upward move as the day unfolds.
Comment by
BERationale on Apr 03, 2023 9:19am
Agreed - trading at sub 15k per flowing barrel not assuming Wasanna production and any cash on the balance sheet. Stupid cheap here and I don't think the institutions believed the 21.5k boe/d of production until now. GLTA