RE:RE:RE:The cure for high oil prices has always been ...I am going to try to make this a little easier on myself. So I would much rather prefer to estimate the price for when the year end reserves are published (around mid march I guess )
My point is I love reserves values and my very rough guess is that the DCF value will be at the very least twice last years due to higher pricing and also due to higher PDP quantities and higher condensate content . Doubling the 10% dcf reserves value would add another 2.5 Billion onto NVA's value. So all in all , I am hopeful of seeing a price from 12 -15 $
I really cannot see how I could possibly lose money at todays price. Accordingly I sold some of my other weaker holdings and increased NVA significantly earlier today !!
Sugaree wrote: Oldnagger, any prediction on where you could see Nuvista share price ending the year?
Or anyone else for that matter.
I have mine, but will reveal later so as not to influence any projections.