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Bullboard - Stock Discussion Forum Pieridae Energy Ltd T.PEA

Alternate Symbol(s):  PTOAF

Pieridae Energy Limited is a Canadian energy company. The Company is an upstream producer and midstream custom processor of natural gas, natural gas liquids, condensate, and sulphur from the Canadian Foothills and adjacent areas in Alberta and in northeast British Columbia (BC). It owns and operates three sour gas processing complexes at Waterton, Caroline and Jumping Pound. Its footprint... see more

TSX:PEA - Post Discussion

Pieridae Energy Ltd > Insider COO bought 119k shares at 0.25
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Post by Sogosohubidu201 on Oct 09, 2024 12:35pm

Insider COO bought 119k shares at 0.25

PEA.TO chief operating officer bought 119300 shares of PEA.TO at 0.25 October 2, 2024. AECO price also rises to close to $1.8 Canadian dollars today. This months price is around $1.98. Forward AECO price in the range of $2.25-2.60 next 12 months. PEA break even price of free cash flow is around $2.1 Canadian dollars. PEA.TO should be in a position to generate free cash flow going forward. With $29 millions of recent fund raising, it is now in a solid position financially.
Comment by msawyer5 on Oct 09, 2024 3:25pm
Sogosohubidu201, What is the basis for your statem,ent that "PEA break even price of free cash flow is around $2.1 Canadian dollars". Has this been reported in Pieridae's corporate finacial information and if so, can you point me to that source? Thanks
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