Post by
shenty46 on Sep 15, 2021 12:48pm
Unbelievably cheap
Around 35 percent of vermillion oil production is towards dated Brent, and Australian production fetches even around 11 dollars more than Brent, Vermillion 17 percent of total production is towards natural gas in Europe and ng price is above 20 dollars mmbtu there, it is just a short matter of time when it will start performing much better, I expect price of around 20-25 dollars by March 2022.
Comment by
CashGreenGold on Sep 15, 2021 1:21pm
I'm with you 100% The hundreds of Dec 21, and Mar 22 calls I have on this will print bigly. I expect to make more off those calls, than off the 113,000 common shares of this
Comment by
mnztr on Sep 15, 2021 1:30pm
Yes their earning were hurt by the non-cash loss of hedging. This will right itself, If they are hedging now its at MUCH higher prices. All this wil fall to the bottom line and even at their hedged prices they are making a *hitload of $$$