RE:RE:RE:valuation The debt level at headwater is meaningless. They have a top tier management team, top tier exploration play and an incredibly well managed set of expectations and tightly held stock. Just like they had with their last three debt heavier companies. Our debt levels are minor and dropping fast. Its not the affordability, its the restrictions maybe but we can easily carry it.
PNE - sure sold that one too fast. 8 dollar gas looks good on it. I bet the deals start rolling in soon too.
33 million in divvys, 25 million in debt to be paid off, leaves 100 million for deals this year.
it was range bound for 5-6 months then a quick double. BNE and OBE are the next ones to pop out of their range.