Post by
Grandcentral on Jan 19, 2022 5:00pm
Debt free in 2023
Has a nice ring to it.
THIS IS INCREDIBLE. No other company can achieve this off current production plan and or without selling off significant assets to fast track. A phenomenal turnaroud with the unhedged risk paying off hugely.
GLTA
Comment by
DeepValueOil88 on Jan 19, 2022 5:19pm
Exactly as called! Emormous reduction of the debt and its expense. Magnificent Free Funds Flow at $1.43/1.32 range. That is a sustainable dividend at this strip pricing by definition. If that dividend is 5% at $1.43, please solve what the SP should be. This is without commodity inflation or further growth or other improvements. Well done JT.