RE:RE:Couldn't it be cheaper?I think the NAV value of the company speaks for itself, and Kelt has had the resource to support a significantly higher production level for a long time, plus they have all kinds of reserves in the ground.
I think respectfully if you look around at the quality of the resource that Kelt has, not many companies have these kind of resources, and the Montney is really the Jewel of the Canadian no oil sands, marketplace.
Kelt insiders have purchased 31 million shares for and average price of $4.70 dating back to 2013.
That is a lot of money that have sat on for a lont time, and today you can pick the stock up for $5.50.
So your buying the stock for less than the insiders paid? when you consider time, value, money.
I think Kelt has been a bit of a value trap, however the value will soon be realized.
IMHO