GREY:CLLZF - Post by User
Comment by
Whitehellon Jul 19, 2013 10:33am
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Post# 21617792
RE:RE:Valuation
RE:RE:ValuationNormally i would agree that production can help as an evaluation metrics, but CLL as such low netback (Q1 101 MM$ revenu and 8 MM$ operating Cash flow) that it's not really usefull information for valuation. You can have 100,000 bopd if you don't have 0 netbacks, and no operating CF, you're getting no where....
For instance a cie that would have 2 k bbl/d but with 50 % net back would make exactly the same operating CF based on their average price received and their actual production...
anyway, that's just my opinion...