Long Run Explor Ltd Ord WFREF

Valuation

[yankeematt]

Hey new to this board. 

I have a question for you guys. I was wondering what Long Run's weighting to oil and gas is? I noticed that their market cap is the same as Renegade petroleum but their production is about three times that of Renegade. Just curious as to why that is? 

Thanks

[dano12]

Their production is around 23000 BOED split 50/50

[yankeematt]

Thanks, Dano12.  I noticed Renegade is producing 8000 boed weighted at around 95 percent light oil and has an  identical market cap to Long Run. It seems like Long Run is undervalued compared to other oil and gas companies. Is that because they are weighted at 50/50? I know the market doesn't care much for natural gas these days.  I'm kind of new to the oil and gas game and

[OneStar]

Next month we will get q4 results. And the world will not come to an end. The numbers will be reasonably good I think. In the presentations 2013 cf is estimated around $1.80/share. The current sell off will be corrected with time. .