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Bullboard - Stock Discussion Forum Valeura Energy Inc T.VLE

Alternate Symbol(s):  VLERF

Valeura Energy Inc. is an upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and the Thrace Basin of Turkiye. The Company holds an operating working interest in four shallow water offshore licenses in the Gulf of Thailand, which include G10/48 (Wassana field), B5/27 (Jasmine and Ban Yen fields), G1/48 (Manora... see more

TSX:VLE - Post Discussion

Valeura Energy Inc > Offshore serivices prices up 27%
View:
Post by firstworld on Jan 15, 2024 9:28am

Offshore serivices prices up 27%

OSV and Sub Sea services prices are up 27% to record highs in decades.

Look for massive Q1 lossex at VLE on top of likely massive Q4 2023 losses given that they lost $6M on $87 oil Q3 "23.

Projecti g $195 SP within 12 weeks
Comment by Suppe11 on Jan 15, 2024 2:34pm
Thailand is shallow water. World wide there are so many jack-ups cold+warm stacked, that you can get them for free = for unstacking. Like always, just bs from your side... Guess you drank too much on your fantastic Aoi Venus deal...just a retirement deal for the managements and nothing for the shareholders.
Comment by firstworld on Jan 15, 2024 4:35pm
Post Covid the game is synthetic shortages plus Thorenson with >12% stake owns the largest Thai offshore services with near monopoly backed by Military Junta who can run any competiotrs out of business in a week easily. VLE already had cost over runs last 2 QTR delivered $6M loss in Q3 .....with unlimited supply of services the cost overruns are either shadow newcorpoffshore laundry or ...more  
Comment by Suppe11 on Jan 15, 2024 6:00pm
Cost overruns ? They Opex/Capex came in lower, than guided. I don't know, why you discuss it with me anyway. You know, that I know the company....I know, that you know the company....I know, that you're lying and you know, that I know....I know, that you wouldn't spend a second on a board with a stock you have no interest in....and you know, that I know hahaha
Comment by firstworld on Jan 15, 2024 10:57pm
You missed that i made low 7nfigutes on VLE swing trades thabks to their obvious pump and dumps LOL. I presume you did not dump in high 3s ..low 4s.   Hold till.65 like all the folks who got scamed by yet another CDN mining scammer along with BLG who lost over 100M incl lost opporthnity cost with the $50M thats was supposed to drill more and procustion frac thrace 6 years ago, instead ...more  
Comment by TaxMan on Jan 15, 2024 11:29pm
I'm curious.  Does your Mom charge you rent or just keep the basement unheated?
Comment by Suppe11 on Jan 16, 2024 5:15am
You think, that you're the only one who can trade ? Again wrong. My angle is just different. I've got a core position and trade around it. Can't remember the numerous exact swing ranges, but the best one was something like US$ 1.8ish to > 2.60.