RE:RE:RE:Is Pieridae on the verge of insolvancymsawyer wrote: Everything I have previously posted about Pieridae is demonstrably factual and relevant to making decisions about investing or not in Pieridae. So tell me what is wrong with that...
let me retort:
Did you just not post that Pieridea's "Hedging is nearly done" WRONG!!!
They have 110k GJ of nat gas hedged out to 2127 at $3.50 ish , they also have 1.3k bbls of C5 hedged out to 2127 and right now their C5 hedges HAVE BEEN COSTING THEM as opposed to you comments of "carrying them"
Put another way , PEA has $74.6 MM unrealized gains from hedges as of Aug 9, 20 24 and 75% of forecasted volumes hedged over the next 24 months...
Did you not also post that "I heard a rumour that Pieridae is on the verge of insolvency" seriously, a rumour...just how does that make this "factual"??
As for financials, how about at the end of 2025, PEA can sell all of their sulpher into the spot market at substantially higher prices..the company calls this "a significant catalyst to unlocking incremental shareholder value beginning in 2026"
Finally, what about your previous posts about degrading pipework that would curtail production and then their production numbers came out and they were actually HIGHER...
i rest my case so flake off....dwdc