InPlay Oil Corp T.IPO

Fantastic - Guidance for 2022 has improved

[Rational43]

"we are updating our price forecast using USD $90.00/bbl WTI, $4.30/mcf AECO and a CAD/USD exchange rate of 0.80. Based on this revised commodity price forecast, InPlay is now expected to generate 2022 AFF(3)(4) of $141 to $150 million and 2022 FAFF(2)(4) of $83 to $92 million which would result in InPlay being in a positive working capital position, in excess of debt, by year end."

Net cash by year end, and above what their oil forecast suggested at $90 oil, which means underlying operating performance is improving.  
 

Fantastically cheap and generating huge cash flows.

[easydough]

Yes, it appears people are really excited, judging by today's miserable volume, and no movement in share price. Extremely disappointing and bewildering.

[Rational43]

I sat with Gear for a while at 50 cents with no movement.   ATH near $1 as oil prices were rising, no movement. YGR near $1.70 for ages, as oil prices were really rocketing.   These names aren't followed, so they don't move, until they do, and then they run hard.  

[littledave55555]

They had a great report , infact best ever for a quarter report ... most oil stocks didn't move much today an a lot when down..... think people are nervise .... yet a 3 dollar share price is where this should be at 65 dollar oil..... only a matter of time before we get back up to 4 bucks have a great week and GREAT JOB TO IPO STAFF ...... AWESOME 4TH QUARTER .... we have a lot to look forward

[Sunvalley]

No worries about lack of share price movement. Value always asserts itself eventually even if it seems like it never will.