GREY:BXEFF - Post by User
Post by
Just1Questionon May 08, 2018 10:08pm
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Post# 28001984
As for the financials - not bad because
As for the financials - not bad becauseThis stock is trading at 1/10th of book value and has a positive cash flow and no significant debt repayments till 2020. Compare the current NG price while subject to insufficient pipe with prices in Asia - now imagine a path to market in the next two years - suddenly you see the possibilities that I see.
Enter Shell, a big LNG Canada proponent; who are flush with cash from their Canadian Natural disposition - add in an NDP government or Liberal who both like LNG and it all looks reasonable to me.
Cheers !