RE:RE:RE:RE:Production Gains Biased to LiquidsI feel that Kelt is at an inflection point, they have been planning for and working towards for years. Between now and the end of 2024, production will have increased 50% at least, kelt claims they may exit at 50,000 boe/day in 2024.
I think Kelt has premier asset plays, with low debt, and highly efficient use of Capital. Kelt will be a better company than they are today in 3 months.
So CVS Albright plant is being comissioned as we speak, and i expect Kelt will be bring on very high netback, production.
So Kelt is not committed to a dividend they might not be able to pay in pull back, or a share buyback program they can't afford while stock prices lanquish. They are pretty commited to developing resouce and monetizing assets. Increasing the NAV of the company.
Kelt is a buy hear, and we are not talking about 10 or 20 cents in stock appreciation, Kelt has future analyst price targets in the $10 range, Kelt is a buy here and now.
IMHO