30-40% Yr Decline rates @ Llanos according to CanacolI noticed on the Canacol October presentation on page 5, that the decline rates at Llanos basin are around 30-40% yr !! Quite a decline. That can explain a bit. Definitely PTA management needs to communicate more with shareholders. I feel we are kept in the dark continuously and that could be a reason why we are undervalued.
Having said that, I bought again today. SP has been performing very well and hopefully soon we will get positive news out of the company and trade closer to 0.40.
GLTA