Bullboard - Stock Discussion Forum Criterium Energy Ltd V.CEQ

Energy Oil & Gas E&P

Criterium Energy Ltd. is a Canada-based upstream energy company. The Company is focused on the acquisition and sustainable development of assets in southeast (SE) Asia that are capable of scalable growth and cash generation. The Company, through Mont D’Or Petroleum Limited, holds interests in Tungkal PSC and West Salawati PSC. Tungkal PSC covers an area of about 2,285 square kilometers and... see more

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TSXV:CEQ - Post Discussion

Criterium Energy Ltd > Massive Asymmetric Upside

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Post by Penniestoriches on Mar 02, 2023 9:29pm

Massive Asymmetric Upside

The fact that these guys just did a very successful oversubscribed raise, have some decent royalty revenue to help cover overhead costs, and are still at such a rock bottom price makes for an incredible buying opportunity! There is insane upside potential in the short to medium term (talking easily 3-10x as more than realistic), and very little potential for an ugly sustained downside in the next couple of years. Get in while you can, and definitely before the next game changing NR that should be just around the corner.

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