GREY:TBTEF - Post by User
Post by
bshort92on Aug 02, 2012 4:01pm
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Post# 20178717
Globe
Globe It is good to see that TBE's robust recycle ratio is getting noticed. Yes the markets have still not taken heed of the compelling value that TBE will soon be positioned to throw off to shareholders. I suspect once the Avalon deal closes by the end of the month and TBE begins to pull some licenses to drill, perhaps monetizes some non core assets and re affirms the dividend through year end then at some point TBE will be getting a valuation closer to $60 k per flowing boe. Until then the shares will probably move sideways. Stay tuned.