RE:Free cash flow yield This is 12 to 13 % higher than what I read Suncor larger companies free cash flow yield lies. So this is outstanding.
worh the hedged and some strong oil prices for 3 to 6 months I believe then we will get some more serious looks. We just need a little time to bring the debt back just a bit but prove it , and we need to actually execute.
Witch I feel they will , and I feel they are hungry hence why I am deep into this one. These guys when you read what there doing , there telling us they are recycling old wells to save money , there are going back to wells CPG boarded up and they are reworking them at 5000 a barrel cost base.
So when I read that I think ? These guys are getting there hands dirty.
I like the Upside here and I feel this is a good entry point.
Mai I see us staying in this price range for a while longer or a bit higher. Maybe we hit $3 by end of September. That is not unlikely. !!
C