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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 25, 2024 4:20pm
55 Views
Post# 36240957

RE:RE:RE:RE:Kelt has many things material happening....

RE:RE:RE:RE:Kelt has many things material happening....KEL a 1 year share price rise of -12%.

"Kelt does not buyback shares so what you see is what you get." 

And what you get is nothing.  Actually at -12% you get less than nothing.

And for that Kel's management is only raping you for 6% of performance options bonuses. LOL

Now,  would you give them 4% more bonus options for a +6% 1 year share price rise and a 3% annual dividend?  4% options for a 21% difference in a 1 year ROI. <aren't we the suckers>

Not poo....he sees what he can get and what he can get is the same stock he is bashing now a year later for $.25 per share more or a 1% higher price premium.

LOL no word of a lie he posted this on the ARX board 6 days ago. (I can't make this stuff up)

Post by MyHoneyPoton Sep 19, 2024 9:16am
122 Views 
Post# 36230703

Arx is a buy at these levels...

Bought a few shares yesterday, $22.69.


But by all means have a look at POU and buy them.  poo didn't.  LOL


 

   








MyHoneyPot wrote: 12 million options 6.1% of float Lind

So for all the people talking about option farming, companies can issue options up to 10% of the companies float. Kelt has issues 12 million options, 6.1% of the companies fully diluted float.

The average exercise price of options to date has been $4.30, which put a lot of cash on the balance sheet when they exercise. 

Other company have option plans up to 10% of the company float, and want to buyback 51% of the company stock effectively putting management in a 20% position just with option. 

Kelt does not buyback shares so what you see is what you get. 

MHP
IMHO


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