Brent hits $ 81 !!!!! Auctus target 60 pence....$1 CDNEven with OPEC announcing another 400,000 boe/day increase for February.............prices are firming as supply constraints are evident to those in the know.......Omicron is showing peaks in many places and just a mild flu...........energy demand seems unphased !
....Our FCF is $53/BOE in Columbia at 80 Brent according to Marshall Abbott.......... and being light sweet crude to top it off, with no flaring, bodes well going forward with maintaining ESG credentials as well !
Auctus Advisors target of 60 Pence ..............puts us in line for $1 by year end if production milestones are secured........not too shabby of a goal......Management has demonstrated they are serious !!!!
LME trade today as of now.............10.4 million shares up 3 cents CDN Equ.
Realistically ......Into the 20's in near term........still very undervalued !