Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 is focused on acquiring a diversified portfolio of assets. It has a portfolio of production and development opportunities in the Deep Basin of Alberta. It is focused on the execution of the Company's organic drilling program, delivering operational synergies.


TSX:SDE - Post by User

Comment by TouchDown12on Feb 15, 2022 7:19pm
93 Views
Post# 34432032

RE:RE:RE:RE:WOW... What a Q4'21 Sneek Peek and 2022 Look Ahead Report!!

RE:RE:RE:RE:WOW... What a Q4'21 Sneek Peek and 2022 Look Ahead Report!!Great analysis TE! It would have taken me all night to put that together. So with added production value (80K over BIR at 70K);  same lowered debt at y/e '22 (199M); better mix 60 NG / 40 Oil and NGL's; lower O/S count.... and using TP on BIR as a collaborating SP rating.... If the S/P is 9.00/share for BIR (an established co.); then i calculate the SDE SP Target equalivilent (using Enterprise Value - Debt / OS) is north of 16/share.... so basically a potentail 2x from here... and a 400% run-up from last March (4.00/share).... now i know why that 50M note was converted early in September at 8.50/share. That note was worth potentailly double in shares verses what it was worth in debt going out to Y/E '22. Lots of conformational biase i am speaking here - but my gut says i am not far off. GLTA TD12
<< Previous
Bullboard Posts
Next >>