Assumptions about future production's impact on share priceMy simple minded assumptions are:
- accepting the general consensus is that Pipestone will exit 2020 with approximately 15000 boed
- no further dilution on the 190M shares
- netback of $20 per boe
So we would be looking at earnings of ~109M a year based on those assumptions(0.57 per share).
If those assumptions are somewhat realistic what share price should we expect? Going into 2021.
This factors in to the argument about whether the WTs are going to be worth something in May of 2021.