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Fresh Tracks Therapeutics Inc V.BBI


Primary Symbol: FRTX

Fresh Tracks Therapeutics, Inc. is not engaged in any business activities. The Company is in the process of dissolution.


GREY:FRTX - Post by User

Comment by Tuco110on Dec 02, 2019 8:39pm
220 Views
Post# 30415393

RE:RE:RE:RE:RE:RE:RE:RE:RBC Estimate $17.64/boe Netback in 2020.

RE:RE:RE:RE:RE:RE:RE:RE:RBC Estimate $17.64/boe Netback in 2020.Yeah, analysts rarely come out and predict 4x-6x price targets, but given that, even a 2x-3x target by RBC is still very bullish. PIPE expects to release 2020 guidance in late Jan and they will have a better idea of productiion and decline rates by then, so maybe the analysts can make a more informed price target. I'm expecting a budget of about $150mil with drilling 20-25 wells, completing 15-20 of them.
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