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Kelt Exploration Ltd T.KEL

Alternate Symbol(s):  KELTF

Kelt Exploration Ltd oil and gas company. The Company is focused on the exploration, development and production of crude oil and natural gas resources in northwestern Alberta and northeastern British Columbia. The Company's assets are comprised of three operating divisions: Wembley/Pipestone in Alberta; Pouce Coupe/Progress/Spirit River in Alberta, and Oak/Flatrock in British Columbia. The Company’s British Columbia assets are operated by Kelt Exploration (LNG) Ltd., a wholly owned subsidiary of the Company.


TSX:KEL - Post by User

Comment by MustangMatton Apr 01, 2024 10:26am
123 Views
Post# 35962710

RE:RE:Risk of ownership

RE:RE:Risk of ownershipI can't stand those who can not think critically or honestly.  The world is not Black and White, every investment, every company has good attributes and bad.  As an investor our job is to think critically.  Take debt for instance, debt is leverage, leverage can be a good thing, one definition is, "use (something) to maximum advantage." Debt is also a company killer, companies with cash and no debt don't go bankrupt.  Kelt had debt and got stung by it, that is the facts.  The banks called the loans or were going to impose draconian restrictions, Kelt management choose to sell Inga.  They sold it a market bottom and got pennies on the dollar, that is also a fact.  Advantage of being debt free is you don't pay interest, also being debt free, the comapny is now free from bankster restrictions.  However, that also comes with a downside, a lack of institutional interest, ownership, and coverage.  This is why in my opinion, the real payday here will be when Kelt sells the company in whole or in part, at or near a market top.  

My point is that we as investors need to look at both the positives and the negatives.  Blind pumpers need a counterbalance.  Look critically at your assumptions, perform a SWOT analysis, park your emotions and then do it all over again at regular intervals.  Cheers Matthew

   


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