GREY:LSTMF - Post by User
Comment by
oilandgas111on Feb 18, 2013 12:48pm
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Post# 21005726
spitfire
spitfire spitfire you should be polite and respect others opinions.
$5 might be a bit too low but I also believe PBN can reach $6. They cope with 2 main issues :
1) Way too much debt, a lot more than its peers group
2) big depletion, a lot more than they model expected so the production is expected to decline this year.
At today price it is still too overvalued regarding 1) and 2)
We will definately go to $6.