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Bullboard - Stock Discussion Forum Alvopetro Energy Ltd V.ALV

Alternate Symbol(s):  ALVOF

Alvopetro Energy Ltd. is a Canada-based company, which is engaged in the exploration for, and the acquisition, development and production of, hydrocarbons in Brazil. The Company is specialized in the development of Brazil's independent onshore natural gas industry with the Company's Cabure natural gas asset and midstream projects. It has interests in the Cabure and Murucututu natural gas assets... see more

TSXV:ALV - Post Discussion

Alvopetro Energy Ltd > Alvo CEO talking dividends, increased production & reserves
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Post by Ladrian on Apr 10, 2021 9:17pm

Alvo CEO talking dividends, increased production & reserves

Great video interview of Alvo CEO - Core Ruttan. Talking about dividends, increased production and new reserves.


Company is definetely significantly undervalued.

Gomo is 3x Alvo's share of Cabur - roughly USD 400m

183 and 182 to be drilled with results in mid summer and September respectively - each has potential to be as big as Cabur - roughly USD 147 USD each and therefore conservatively USD 250 combined.

so Cabur + Gomo + 2 new fields = USD 750 - 800m

in addition, Gomo coking online before end of 2021, sale prices being adjusted upwards in August 21, significantly increased production boepd month on month AND potential of dividends to be paid out soon.

bring it on!

Comment by nozzpack on Apr 12, 2021 8:38am
Ladrian you have pretty much computed valuation much like mine. Although 2 years removed, a dividend would elevate the valuation. Patience is a great asset for the astute investor. 2021, with upcoming events as you have described, will be a breakout year..
Comment by Ladrian on Apr 12, 2021 12:15pm
Nozzpack, thank you for sharing your views. Glad to hear we reach the same conclusion. I agree, patience pays off, and size of the prize on Alvo from these levels is pretty significant. Dividends will be a great catalyst. Definetely a US$  4 / share stock. Hopefully soon!