RE:Crunching the numbers at CN wells + Auctus noteThe thging is that Auctus has been keeping 45p target price since October 2021! What was the timeline to get to this target? Normally 12 months is the horizon...we're passed 18! I would have hoped that they would have huked it up a bit on the new reserves announcement...mute, I don't get that. Still I'm very satisfied with a 45p TP (it closed at 17.7p today). The political issues are a real matter like it or not. Violence seems cranking yp a bit out there...no good for us. Then the wts... I hate to be right but I'm now expecting our SP to stay within tight limits (27-32cdn) until mid October. But adding new wells and BOED...will have to be accounted for as some point. Management iand operators are doing fantastic. And what if price of oil goes back up over a hundred bucks? A gem, AXL is a gem!
Rob