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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 Quintessential1on Sep 24, 2024 10:04am
62 Views
Post# 36238129

RE:RE:RE:RE:RE:RE:Kelt the Opportunity is revealing itself..

RE:RE:RE:RE:RE:RE:Kelt the Opportunity is revealing itself.. "I think there is better places to put you money."

Apparently you don't because ARX is exactly where you put it.

So $4 per share is what they spent on buybacks you believe it translates directly to the trading share price value today?

Careful.  That sounds a lot like shareholder returns and good ones considering based on captial gains tax law you only pay tax on 2 of those $4 if  you don't gain more than $250k.  You can choose when and how much to sell so the 250k threshold shouldn't get triggered if you're smart.  Better than the divies (which ARX pays too).

So back to KEL.  How do they plan on returning capital to shareholders?
Have they ever returned capital to shareholders?
Dividends? Nope.  Buybacks?  Nope again.
Have they said?  Nope.

They could get bought out KEL deserves what CR got...52 week highs ($8.16?)

I hear tell of selling off a section.  Great Idea. 

How do they turn that into shareholder returns?  Or do they care?

I don't think they do. 

They're holding.

Last time they sold a section how much of that was returned to shareholders?

Nada.







 
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