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Spartan Delta Corp T.SDE

Alternate Symbol(s):  DALXF

Spartan Delta Corp. is a Canada-based energy company. The Company is engaged in exploration, development and production of crude oil and natural gas properties in western Canada. The Company has a portfolio of production and development opportunities in the Deep Basin and the Duvernay. It is focused on the execution of the Company’s organic drilling program in the Deep Basin, delivering operational synergies. It is also focused on growing and developing its Duvernay asset.


TSX:SDE - Post by User

Comment by TouchDown12on Feb 02, 2022 1:19pm
147 Views
Post# 34389766

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Scotia calls for a FCF Beat in Q4 - Graphs and detail

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Scotia calls for a FCF Beat in Q4 - Graphs and detailThanks GS1. As I have stated before, the basic prior BXE assets and infrastruture - when purchased in June '20 at .20/$1 - could have easily taken the price to here (8 range). SDE was trackng up towards 8 over time BEFORE the velvet transaction (I think it was around 6.30 when annonced in July '21). So this range is not surprising with that info as backdrop and the E&P lift since then. However, with the added velvet asset, the conversion of the 50M note at 8.50/share (Sept. '21); and an SDE oil re-weighting, it makes sense in this NG/Iol strip environment that it could reach the range you spoke of (11-12 in a reasonably short timeframe. What spooked me a little lately is how fast it has climbed relative to many peers (like 6 on Jan. 4 to 8.60 this AM - some +40% in a month). So - i guess i beleive that the 11-12 can be achieved - and i certainly don't want to miss out on that gap being filled - but i am trying to understand the velvet part and WHY it could run up to 11-12 in quick order. i also want to consider what could go wrong at this point. Don't want to hold dead money after the Jan. price rise we had (as I have experiened it with BIR lately) Thoughts? Thanks again for hearing me out. TD12
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