Petrotal Corp T.TAL

3.50 $$$ plus

[Moremoney4u]

TAL, is sitting on a pool of oil. The production levels are about to rise to 20,000 BOPD. They payback in two months, amazing. The issues which they have , is the social unrest. The govt. is addressing this , by providing , greater safety, more jobs, etc., to the indigenious people. The other issue is the destructiuon of the pipe lines and the pipeline deterioration. They NEED  repairs. also, protesting tribes, are causing damage to the pipelines. The political situation HAS to be repaired. scandals, corruption, etc is prevalent. This will be corrected, the people are demanding change. GOVT is pro OIL INDUSTRY. Thats good. This is a great time to be buying TAL, the situation will change and TAL, will be drilling and pumping more oil. Their cost to produce is 28.00 per barrel.AMAZING. They produce 15,000 per day. DO THE MATH.  Volume has increased recently. load up the truck. 3.50 $$$  PLUS PLUS. VERY UNDER PRICED.

[Binkie]

I just don't see $3.50 as a reasonable valuation this year. That would put the market cap at about $3billion which is not realistic for 15,000bopd. Plus as you mention there are some risk factors in Peru, and while some of the top ones have been addressed, they are still projecting 5% social unrest downtime.  There are good catalysts coming for sure. H11 results later this month should

[mjh9413]

I believe you're right about a path to $2 but based on their own high-end fcf projection and sovereign/social risk discount I see $1.37 to $1.50 being awarded in FTM.As you say, still good from here and more especially for those who bought much lower. I like the management team. As I said before pragmatic and I'll add smart.

[Binkie]

Hard to find any shame in 50-65% gains mjh, if your projections turn out to be in the right range. I have little doubt we are both right, it's a matter of when not if.