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Petrominerales Ltd PMGLF

Energy Oil & Gas E&P


GREY:PMGLF - Post by User

Petrominerales Ltd > bottom out?
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Comment by deismanon Mar 07, 2013 10:26pm
321 Views
Post# 21097616

RE: RE: RE: RE: RE: RE: bottom out?

RE: RE: RE: RE: RE: RE: bottom out?

Impressive take maxleverage.  So based on those assumptions what do you think is a fair value for the stock?  Unfortunatly production has kept  going down and with it the share price.  I know you're not suppose to average down but I couldn't resist.  They pay a good dividend and buy back shares all without too too much debt.   Large holdings, High netbacks, Brent-linked pricing and their pipeline investments are a lot of positives.  If production drops to 15boed I'll get out but until then I'll keep my fingers crossed.

Good luck to all.

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