RE:RE:RE:RE:RE:Wassana Carbonbull wrote: Welcome your thoughts , they are certainly worthy of consideration, they of course are based on your bias towards limited resource for recovery , would love to hear more of your thoughts as to why , given the outperformance over the years. My own bias is that the various fields are complex , not enough work from a seismic view has been undertaken , hence a cognitive bias on behalf of the RE. I do think that various forms of both pressure and fluid recharge are present in this basin making it difficult on a volumetric and recovery front.
Your cautionary is the main reason the forecast price is limited to sub 10 , which for me is interesting. this company at current production will have a negative EV at end of 2024 , which makes for very interesting discussion in coming months . Thank you for your thoughts.
Meant me ?
My opinion is easy...as long as I see a good chance that the book value and/or cash is higher, than the market cap, I capped my risk. That's all I need to know. I'll take any longer production as predicted as a free (big) upside, so I don't really care.