GREY:VFGGF - Post by User
Comment by
ofirmeon Jan 18, 2014 8:07pm
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Post# 22108161
RE:RE:RE:Cash Flow dropping like a rock
RE:RE:RE:Cash Flow dropping like a rockThe company does not need to do drilling for a while. waterflooding needs to be given time to
work. even if it does not go to 75% of primary production, 50% will be good as well and should
yield a much less steep on the way up and on the way down.
If the company just gets to a return of capital of the wells, it will surpass the current valuation by a
lot.