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Birchcliff Energy Ltd T.BIR

Alternate Symbol(s):  BIREF

Energy Oil & Gas E&P
Birchcliff Energy Ltd. is a Canada-based intermediate oil and natural gas company. The Company is engaged in the exploration for and the development, production and acquisition of oil and gas reserves in Western Canada. The Company’s operations are focused on the Montney/Doig Resource Play in Alberta. Its operations are concentrated in the Peace River Arch area of Alberta. The Company has a 100% working interest in its Pouce Coupe Gas Plant and two oil batteries, as well as various working interests in numerous other gas plants, oil batteries, compressors, facilities and infrastructure. Its Pouce Coupe Gas Plant, which is licensed to process up to 340 million cubic feet per day (MMcf/d) of natural gas, is located in the heart of the Corporation's Montney/Doig Resource Play.


TSX:BIR - Post by User

Birchcliff Energy Ltd
Bullboard Posts
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(2)
•••
Post by Newport25on Nov 27, 2019 5:41pm
381 Views
Post# 30399903

ENTERPRISE VALUE

ENTERPRISE VALUELets calculate the ENTERPRISE VALUE(EV) together.

Market Cap-Cash+Debt=EV

598M-(cash inexistant) + 1.1B =     1.700.000.000$ EV

Lets say you have 1.7B in Cash .
you pay 1.7B to have 2.6B worth of Oil&Gas assets
wich means  900M Net assets.

this 900M in net Assets produce 150.000.000$ A YEAR IN ADJUSTED FUNDS FLOW.

wich means 6x earnings on NET ASSETS.

Now let me juxtapose that return against other ''safe'' investments right now

How can you get 6X NET EARNINGS IN REAL ESTATE?
How can you get 6X NET EARNINGS IN THE STOCK MARKET?

This type of bargain happens once in 10 years
I will continue to accumulate shares until -15% of BOOK VALUE.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities