RE:RE:$75 WTI Base Case Scenario No, doesn't include clearwater I imagine... I just used the numbers they provided and applied a basic DDM to it using a veary reasonable yield requirement to derive value imo. The value really jumps when the equity pie is smaller. i.e. if we apply 50% of $500M FCF @ 7.5% yield over only 400M shares the SP is $8.33... vs. $5.99 (per my last corrective post)
ManitobaCanuck wrote: I guess we havent added the Clearwater profits to this .
Clearwater they planned 12 wells in 2022 =Approx 800bb/d on first two wells.
That is the wild card
Snowballer wrote: 50% of 2022 $900M FCF @ 7.5% dividend yield = $10.60 SP
Much more interesting ;)