Post by AllAllongon Apr 07, 2026 2:31pm
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Post# 36958794
Complete Govt Motivation to boost production
Complete Govt Motivation to boost production
It cannot be understated enought when the experienced management team at Criterium praise the positive help and cooperation of the Indonesian Govt to help bring on more Oil and Gas production in the Area as quick as possible.
The Criterium management have worked for comapnies like Shell, Talsiman and Petromina - and have built and sold companies before.
Keep in mind the main reason this stock producing 850 barrels of Oil now with over a 1000 more BOE more in Gas planned to online in 3 months and another 1000 more BOE to come online in a year is trading for $0.12 has nothing to do with any bad news.
Ask any trader these are great scenarios when the price appreciaiton is held back by supply not fundamentals.
TD is doing phone order trading - and I had no problem in buying shares recently.
There's no red flags I can see. No resignations, no halts and no need for big raises as cash flows are paying for the growth.
I trust the management has told us the truth about their plans. And therefore when the comapny is producing 2000 BOE daily in a few months and heading towards 3000 BOE - I highly expect we will be trading higher than $14 million USD Valuation.