RE:Simply Wall Street/Ninpoint was above ARC Financial If Ninepoint sold, so be it. Fewer traders, less volatility.
The bottom line is that the co has restored most of its Nipisi production. Also, WCS discount to WTI is currently below $12 compared to $19.50 average in Q1. WTI is also higher which means a lot higher realised price in Q2, higher funds flow and lower debt.
The markets are forward looking so, all equal, shares can only go up. If WTI stays at current levels, shares should break above $4 in no time.