Post by
Rational43 on Jul 07, 2023 2:56pm
Just pay down the debt
All this company has to do to double in H2 is keep paying down debt, and dispel any notion of buying anything else.
That's it.
Its trading well under 1 x CF.
THE ONLY THING management has to do is not burn shareholders by chasing further growth.
The deals they made were good, but management incentive was aligned to getting big, not raising share price.
Management incentive is now tied to share price growth, up to $9 per share, which is a reasonable target over a few years.
Saturn has massive oil price upside from '23 to '26 on old hedged volumes at low prices falling off, and absurd market cap.
Comment by
Re1ndeer2 on Jul 17, 2023 12:22pm
This post "hit nail on the head"....Management now Aligned with Shareholders..