Paided Up Capital - 1 Billion Dollars
Kelt has 1 billion dollars of paid up Capital, which I believe means they can return up to a billion dollars to share holder as a return of capital, as long as they continue to own the shares. If they sell off a division and the company is divided in 3 divisions.
3 Divisions
* Division 1. Oak (wells pay our approx 18 months)
* Division 2. Wembley/Pipestone
* Division 3. Pouce Coupe (Charlie Lake Wells payout 3-4 months 70% oil)
Wembley/Pipestone development was not initiated by 2024....
One of the best tax efficient investment that exists today.
Kelt is simply to cheap....
MHP
IMHO