Post by
Carbonbull on Aug 06, 2023 12:25pm
No dividends
Top three tasks for management :
1) get a handle on PDP reerves by drilling infills which adds to the value by NS 2023 at a minimum should be north of 200 million USD
2) increase proven undeveloped plus probable
3) prove to the market through executive hires that the company has the remediation expertise to handle its liabilities.
If this is accomplished stock shoul triple.
Comment by
firstworld on Aug 06, 2023 12:46pm
Or outsource remediation to experts like they do with everything else while expanding infill drilling (oh wait they lost one of two rigs and only backup) with 80% of net profits distributed to SH every month to see a USD 9 SP overnight.
Comment by
Suppe11 on Aug 07, 2023 7:15am
4) Get the reorganization done, to use the taxpools in full.
Comment by
Carbonbull on Aug 07, 2023 10:33am
agreed I missed that one thank you
Comment by
windymayor1 on Aug 08, 2023 10:09am
Would love to see a new acquisition about now too.