Painted Pony Pete Ltd PDPYF

RE:RE:RE:RE:Updated Presentation.....

[lifeundergrad]

Well, thanks for catching the updated presentation.  Largeinvestor's numbers were also great to see, I think the comments here about issuing now before further declines are spot-on.  FP ran an article today about the pain our o&g producers can anticipate once hedges run out, they're trading at intense valuations:  https://business.financialpost.com/2015/03/24/at-30-crude-something-has-to-give-why-theres-a-reality-check-coming-for-canadian-oil-stocks/?__lsa=5295-e253

PPY finances now, they can weather the storm and meet their capital requirements.  CFPS as Shambano pointed out isn't great, and it probably won't get any better until the "economy of scale" is established and production costs drop.

Let's also not forget that we could have a ton of new oil coming online soon if Obama and Iran reach a deal.  The Republitards who wrote that letter really let shine who greases their pockets, lifting the embargo will put further pressure on everyone.

I really hope for financing because it could help stave off an inevitable take-over, or at least make us less desperate. Serious consolidation will happen in this sector, it's only a matter of time.  I'd love to wait it out 3-5 years and see if we can get close to the NAVPS, but that's a dream right now.