$37.00 BPD Break Even -- Less than it was1. The next six months TVE has the ability to REALLY SHORE UP ITS BALANCE Sheet. Good for Brian.
2. He put in place ten years of inventory at least which means in five years they can acquire more land and replace production. They will have the cash by then to do it with no debt. My guess in 36 months maximum (probably less) they will merge with another firm so they are a 4$ Billion Plus firm in annual sales.
The shares should be $4.00 plus in End of Q1 2024 -- fair value
The shares should be $4.95 plus in Q2 2024 -- WTI $85 and WCS $72.00
The shares should be $5.50 to $6,00 in October 2024.
DEBT being Repaid, SHARES being bought back, DIVIDEND beging paid. Not many firms like that.
I am holding.
ML