Post by
shenty46 on Jan 22, 2021 12:36pm
Don’t know
Don't know much about valuations, but company like birch cliff is predicting free cash flow of 150 million, in comparison to 200 million for vermillion no doubt the outstanding shares are 60 percent more but the debt is also 65 lower, and that is trading at near 2 dollars and vermillion is at 7.
Comment by
mnztr on Jan 22, 2021 10:00pm
VETs budget is based on $34 oil what is Birchcliff assumption?
Comment by
mnztr on Jan 22, 2021 10:06pm
Also its highly levered to Naural Gas in the Canadian market therefore no real upside.