RE:RE:Prop 2022 Guidance on new 45 Thanks for this Kavern. No question this was a good deal. Next year at $80 oil is $5 / share FFO, more than our current stock price as you say.
the current stock issuance has created some play time for shorts and short term investors. In a couple of weeks the reality of a massively undervalued stock will become apparent.
I hear Comments from panicky investors that they should not have done this deal because of the stock price disruption. I think Loukas and the team are focussed on the share price one year from now not the next two weeks. This was a great deal and the value will become apparent very quickly. Impatience is a great enemy of good investing.