never a dull moment when SO...Shammy suddenly wipes away PMT's poor cash position and harkens back to the days when a TRUST could knock on someone's door dish out a pile of cash for a group of proven assets and call themselves a successful trust... IF you look at the analyst's prediction...
Current liquids production of 3.325K BOE/d with an expected 2012 exit of ...drum roll please.... "over" 3.5K BOE/d an increase of... that's right 175 BOE/d... or "over" that... how much over? I guess that is the question... IS this analyst's guidance OVERLY (safely) Conservative?
Spin the math... spin the facts... an analyst that says "outperform"... then suggests an increase in liquids by 175 BOE/d is an outperform metric... is a head scratcher to me...
BUT a buck can be had... and knife can be driven into the shorters IF PMT emits an alternative measures NR... as it is I suggest it is only the shorters with the brassiest of cajones that are still splashing around in PMT's pool...
as always it's just my opinion...