Pieridae Energy Ltd T.PEA

Stock price target of $1.10 over the next 6-12 months

[noname99]

Stock price target of $1.10, a 100% increase - predicts Haywood Capital Markets. “This stock possesses perhaps the most upside in our entire coverage universe over the next 6-12 months should the Company continue to defy the naysayers and move the chains down the field.”

[commonsense9]

This is kind of a joke. Did they disclose that they have a position in PEA? Do you have a link. So they are predicting a 100% increase BEFORE an FID is even possible (after July 2021). Unless PEA can roll out a billion dollar sugar daddy (before they have a price on the LNG) plant... this is just going to happen. When the boat comes in (FID or early sugar daddy), the price will rise more like

[gassygeezer]

So If Shell can't transfer any licences/permits etc,wouldn't Shell retain all the liabilities (doubt ancilliary contracting for such would be enfroceable past recoverables) and PIE is underwritten by AIMCO, Pie can continue operations until hedging becomes negative or pricing improves...imo a unique,sweet scenario in a sour environment...I'd be shorting AIMCO but can't so probably

[commonsense9]

https://pieridaeenergy.com/news/55-pieridae-energy-closes-tranche-one-of-subscription-receipts-private-placement CALGARY, ALBERTA – October 11, 2019 - Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce that it has closed the first tranche of its previously announced brokered private placement of Company subscription receipts. Haywood Securities Inc