$.32 in 1 week and a new PresentationSince December 9 PIPE is up $0.32. The last news release and production update certainly helped but is the market finally noticing the solid results?
Management did hit the mark damn near on the bullseye, and, if I am reading the December presentation correctly, have the wherewithal now to go for the medium term target of 33k boed. This is thanks to lower d/c costs, higher commodity prices, and better management overall supporting their growth with internal funds. Again that is how I am reading the presentation.
Let the rally continue.