RE:RBC waking UP !!!red2000 wrote: New target price 9$ with a possible upside at 15$ ! 
Hey Red! Thx for the posts. I think , however, we nee to take a more reasonable outlook. BTE still has over 1 billion in debt and 560 million o/s. As long as oil continues at these levels (aboe $65) the fcf will eventually wipeout the debt and shares will be bought back. So 1 year from today I think we may be that 400 million debt target with about 525 million o/s. For BTE to trade at $20 would mean a 11 billion market cap. Not sure if that is reasonable to assume if wti trades at $100 for the whole year. IF IT TRADES AT $100 for the next 3 years then yes I can see that as a possibility but a lot can happen until then. A more feasible target with the numbers I give for the end of next year is $12 which is a 60% increase. I would thrilled to see that sp end of 2023 with the economy in tatters.
Mas