TSXV:CART.H - Post by User
Post by
Roddiggition Nov 06, 2021 2:23pm
184 Views
Post# 34096033
Gas in Ukraine equal to around $180-200 per barrel equiv
Gas in Ukraine equal to around $180-200 per barrel equivPretty crazy how high gas prices are in Ukraine. Even with the asset sales, KUB should have 2 monster quarters (Q3 - July to September) and (Q4 (October to December). Until the deal is completed, all revenue still goes to Cub Energy. The asset sale, combined cash from the second half of 2021, will make up for the 2020 loss and then some. Keeping in mind that KUB has already earned $746K USD net income in the first half of this year, with substantially lower prices. In the end, I see Q3-Q4 2021 adding another half cent CAD in cash, on top of the 4 cents CAD they're going to have from the 2 sales, then still owning the RK field + generators, adding positive cash flow. A gas to electricity producing asset that generates around $100k USD cash flow per month is worth quite a bit. Once we see the updated reserve report, we'll be able to calculate what it's worth.
https://www.ueex.com.ua/eng/exchange-quotations/ December 2021
(04.11.2021) | 28 722,00 | | 28 722,00 |
November 2021
(03.11.2021) | 35 770,55 | 32 879,66 | 35 929,95 |
October 2021
(22.10.2021) | 33 587,31 | 26 331,29 | 34 063,14 |
September 2021
(24.09.2021) | 18 505,68 | 20 486,00 | 18 046,83 |
August 2021
(25.08.2021) | 15 669,41 | 11 963,95 | 15 732,05 |
July 2021
(19.07.2021) | 12 987,06 | 11 194,60 | 13 071,22 |
June 2021
(23.06.2021) | 10 757,73 | 8 754,77 | 12 145,19 |
May 2021
(26.05.2021) | 9 301,22 | 9 103,32 | 9 403,73 |
April 2021
(28.04.2021) | 8 098,53 | 7 775,13 | 8 248,40 |
March 2021
(26.03.2021) | 7 549,69 | 7 573,32 | 7 546,99 |
February 2021
(24.02.2021) | 8 177,84 | 7 930,89 | 8 205,51 |
January 2021
(22.01.2021) | 7 924,65 | 7 591,10 | 8 040,77 |