No Brainer - 2025 Break Out Year... With 27 dollars essentially in Cash and Securities on the Balance sheet Paramount assets are only valued at 750 million dollars.
They have more than 30,000 boe of production, but some is currently shut in.
With all that cash they will be ramping willegreen up pretty quick, quickly they will add significant production.
It looks like the Horn River is almost touching the development line on that chart, big gas, big wells and big opportunity with a partner named Woodside. Didn't they pick up some Horn River assets in that transaction.
This pause before closing the deal in 2025 i am sure POU will use the time wisely, and when people see you with a pile of cash all of a sudden you got a lot of new friends you didn't know you had.
I think the stock should be trading north of $40 dollars but i have a bias of beeing a long term shareholder.
2025 bigger and better things for POU
No downside here because the balance sheet is flush with cash.
IMHO
MHP