GREY:CHTYF - Post by User
Post by
jayd54on Feb 20, 2013 4:39pm
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Post# 21018800
Metrics out the window. . .
Metrics out the window. . . I am at a loss as to what metrics are really being used by analysts, by fund managers, by the retail investor.
Based on roughly 60 million shares outstanding, a trading price of $0.61 and production of 2300 BOEPD (over 60% oil), that translates to just over $15,000 a flowing barrel per day. And, if forecast debt is truly $49 million, then thats inside 1.5 years CF. If, as Naga00 quotes the President, the reserves value is $150 million (I assume 2P), this is a proverbial birds nest on the ground for someone, anyone to pick up at a great discount, even if they paid $25,000 a flowing barrel per day.