RE:Where will it go!Oil should remain elevated for all 2022 and potentially beyond. Supply is simply not going to keep up with demand which is awesome and we can thank all the global warming clowns, so I salute the fools.
Zero chance of a dividend for a long time. Cash flow is being allocated to growing to 90k boed and pay down debt. Once there, then a dividend will be contemplated. Timing all depends on oil and gas pricing, but they are looking good for foreseeable future. Maybe dividend 2024. I am here for capital appreciation so no complaints from me.
ReitsRus wrote: Holding NVA since 1.14 but I've been recycling frequently off the Highs and jumping back in on the lows, Targets I've seen so far $8.50 but I'll take a further 2.5 bagger but the big question is how long will we see $80 oil for, that will be the deciding factor and does anybody think a Dividend will be issued.
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