RE:RE:4.78goldwatch69 wrote: Heading into $5 instutional territory next week.
US$25 pure after tax free cash flow per bbl
Adding 5000 bopd adds $125,000 free cash flow day, around US$11 million per quarter... times 5 makes it $55 million a quarter for 25000 bold
Easily US$200 million free cash flow per year or US$2 a share. Make that CAD$2.70 fcf per share. Peers trade at twice that at least.
Over 5 bucks next week... coming soon
LOL yeah heading to 2.25 fast with 25% production decline on $20M+ mth infill drilling and $2M mth business jeyt and heli services to Singapore Luxury management hahahaha LOL.
No institutional will even gamble on startup with 25% production decline in 9 mths unless subsidized by govt per usual in Canada haha.