GREY:HPXRF - Post by User
Post by
Flipper12on Dec 28, 2012 12:49pm
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Post# 20777827
Seems too good to be true
Seems too good to be true Some dumping going on again today. However insiders were still buying over the holidays. I picked up a few more today. Interesting to see what the insiders bought today.
At 45 cents we are trading at 1.4x annualized Q3 cash flow. Production should be higher in Q4 depending on the timing of the production adds.
Debt is reasonable at 1.9x annualized cash flow. Number will come down once the production adds are on stream.
Exiting the year at 1800 boepd (70% oil) would be amazing.