Kelt Exploration Ltd T.KEL

Tourmaline candidate

[enterusername]

No debt and cash on hand. looks to me like there might be an offer on the table soon.

[mrmomo]

"No debt and cash on hand. looks to me like there might be an offer on the table soon." Tourmaline? Really? C'mon man.....do you even know Tourmaline's motto? They are identical to Canadian Natural when it comes to acquisitions........ALWAYS on the CHEAP. That's why they & Canadian Natural are the biggest, baddest and ontop of the Canadian O&G food chain for the last

[alta0264]

They made the hard decision early by selling Inga. They are now in a position to wait for better days. Pro move.

[PabloLafortune]

What do you think of a Kelt/Tou 50/50 JV to develop Oak/Flatrock and Wembley with an eye to reaching 200,000 boepd (50% liquids) by 2023?  Tou puts in $500M (TOU share issue) cash, Kelt vends in the lands, Topaz chips in $300M, the remaining funds from cashflow and bank loans.  Liquids rich third leg for TOU.  Crystallize Kelt valuation today with future upside.

[mrmomo]

"What do you think of a Kelt/Tou 50/50 JV to develop Oak/Flatrock and Wembley with an eye to reaching 200,000 boepd (50% liquids) by 2023?  Tou puts in $500M (TOU share issue) cash, Kelt vends in the lands, Topaz chips in $300M, the remaining funds from cashflow and bank loans.  Liquids rich third leg for TOU.  Crystallize Kelt valuation today with future upside.' Anything

[PabloLafortune]

Thanks. I agree with you that the uncertainty with respect to next steps has caused the stock to lag behind its peers.....the vibe I get is that something else will be sold, what and when is the question.