Valeura Energy Inc T.VLE

This all goes back

[AucontraireII]

To what turns out to have been a genius move by Sean.  Recall during the Thrace basin period of hopeful euphoria, he chose to raise some cash by diluting the stock some.   I remember wondering why would he do that given we are about to hit something really big?  Well it turns out he was right, I was wrong and since then they've used the money to get us to where we are now. Give credit where it's due.  Thanks Sean and the BOD.

[CravenMoorehead]

Sean made a very savvy purchase. I have to think he's getting close to doing it over again, this would explain why Thoreson has been such an aggressive buyer.

[cyber37]

One needs to have the right prospective here; VLE share rise is more thanks to Biden than what company is doing. Additional sanctions on russia moved oil $5/bbl and that goes directly to bottom line of oil producers. This is not to say that Mr. Sean doesn’t deserve some credit here. But let’s not blow his horn too loud; VLE needs reserves, this is still a grass fire. G37       

[CravenMoorehead]

Since Dec.19, 2024: VLE +28% SU +12% this leads me to believe this recent move has more to do with just the price of crude...

[AucontraireII]

I think some are missing my bigger point.  If Sean had not opted to do a financing at the very time things seem to be at their best, when the bottom finally fell out of the Thrace venture, we wouldn't have had any money to continue very long. It was the cash in the bank that financed these later acquisitions which we are now talking/celebrating about. So it was this stroke of good

[moneysworth]

Definitely we have Sean to thank here! Though we're fortunate Equinor walked away leaving a pile of cash in the coffers too. But to credit Biden and Russian sanctions for this upside, is certainly out there....LOL. Guest was shrewd enough to discover and seize upon this incredible cash generating opportunity in Thailand. Koodos to everyone who either stayed the course or jumped on board

[cyber37]

Perhaps it is true that you are just as good as your last venture because Mr. Sean  didn’t look so hot after Thrace adventure…no.  Promoting Thrace basin as a bigger than life opportunity yet not having any skin (shares) in it himself makes him in my book a bit of a swindler. I’m glad that this time around he actually ‘put his money where his mouth was’ and bought some VLE shares. I feel

[moneysworth]

Cyber...  not sure if you've really paid much attention, but Sean currently has over 1.5 million shares in VLE. Even during the Thrace Basin days he bought and held more shares than just about any other insider. So to call him " a bit of a swindler" is totally unjustified. Makes one wonder how much you're actually involved in this play? 

[cyber37]

Moneysworth…..I stand correct; during Thrace development I felt uneasy when I realized that my little position in VLE was larger than Mr. Sean bought with his own capital. I do mean ‘my little’ position because it wasn’t that significant. Having worked in Oil & Gas for ‘few’ years I was captivated by the unorthodox Thrace nature and major partner VLE had. I’m still here after rescuing my

[moneysworth]

And this comment shows quite a bit of ignorance on your part... "This short term cash flow is precisely that ‘short’ and the company is still mainly fending off $240 million in abandoning liabilities; again we need RESERVES  to be taken seriously". Currently VLE has no debt, a cash position of $259 million US and growing, and incredible tax structure benefits going forward. Any