Post by
Buyreallow on Jan 25, 2023 9:54am
Stubbornly stuck
Despite the big payment, stock stubbornly stuck around the .39 - .40 mark. Guess we will need the next couple of wells to come in to get the expected pop. Did I say pop? Make that champagne.
Comment by
goldboyz2 on Jan 25, 2023 11:13am
Once we get test reults from well#3 then things will really move imo. Next well will put us around or just above $5 million CAD/month revenue. After well #4 is put on into production in march. bye bye single digits. Art is doing a great job running this company. GB
Comment by
Buyreallow on Jan 25, 2023 2:48pm
Think you are short changing them a bit Money. At $1.6 million a month per well they will be generating over $10 million a month by the end of June. Those 7 wells alone will produce $180 million over the 18 months after June. That is taking credit fort nothing for the other 13 wells coming later.
Comment by
fredo1 on Jan 25, 2023 11:15pm
You guys need to quit extrapolating revenue without taking decline curves into account. Also, how long will $27 gas price be in place with EU price under $20? Don't get me wrong, this should become a great stock. But please stop with the BS numbers.
Comment by
RightAngle45 on Jan 26, 2023 11:28am
Exactly my feelings as well, I own shares and like what they are doing. But nothing is cut and dried in oil and gas production and there is so many things to go wrong that could impact the bottom line.