GREY:WFREF - Post by User
Comment by
OneStaron Jun 12, 2014 10:16pm
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Post# 22656033
RE:RE:RE:$7 shareprice would have them at 4.5 EV/cashflow vs
RE:RE:RE:$7 shareprice would have them at 4.5 EV/cashflow vs
Agreed. The dividend is great. The SP will move to the right level.
Lots of new shares hitting the market. This may take some time to digest, but the company is well positioned going forward. Very well balanced. Also in the 2015 the waterflood EOR will take effect and that will add more cheap reserves and additional cashflow. This company will be $10 within the next 2 years if not sooner with the dividend.
Management is doing a great job building this company.
OS