RE:VIII Capital - morning notes Great analyses especially the probability that the next two will be just as good or not better and particularly that this first well is still cleaning up and could come in significantly bigger than 7.7 MMcfpd...
And a great conclusion..
Bottom line the shares remain stupid cheap at 0.6x EV/DACF on ’23 numbers, the growth potential here is only going to get better and we think the re-rating has just begun.