RE:RE:RE:RE:RE:RE:Vermillion well positioned for new world economicswrite it we can... and it'd be a lot funnier if this wasnt real money lol
This company is gonna free cash flow 600 million to a billion ...
sometime after q1 drops in may i expect to see div raised to 1-2 dollsrs a share
i rememeber calculating ~ 900 mm FCF for $80 at one point
Pandora wrote: Oldnagger wrote: Sadly, Canada has lost the better part of a decade in building LNG plants. That could have been many bcfpd more. Right now , world price differentials for nat gas are obscene. So I believe that prices will equalize somehow over time. But how? Maybe in many ways blue ammonia, methanol, other petrochemicals, ethelyne nat gas and lng fueled heavy transport , less coal in the power grid etc. Akl these things will take time, but I believe the laws of supply and demand will prevail , if only our governments will quit frustrating them
Rational43 wrote: Natural gas in North America is readily available at a very low price thanks to massive reserves in BC, Alberta and Pennsylvania, along with associated NG production from the Permian.
Canadian natural gas can never hold these prices for too long, its too easy for 20 different companies to produce an incremental 2 BCF/D from the Montney, Duvernay, Spirit River Group...
European NG is expensive long term, as they are shooting themselves in the foot with Green-icide.
Eventually more LNG terminals, more Petrochemical facilities will increase NG demand in North America, but the supply available is almost limitless at $4 / mcf over the longer term.
Yes, the activists and the media keep pushing the fear mongering of Climate Change and the Governments are far to willing to jump right on the bandwagon and put a stay on many projects.
The fear of world collapse in 12 years was just pounced on as an avenue to do nothing and look for kudos in doing nothing. Now it's woulda, coulda, shoulda. Too little, too late -- must be Canada, eh!
I see now the fear mongers are pushing another more dangerous variant of the covid virus just in case people were getting too comfortable with the number of fully vaccinated. I presume they are pushing the story about there being doubt that the vaccines are effective enough for the new variant. We can pretty much write the script for this debacle.