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Bullboard - Stock Discussion Forum CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

CGX Energy Inc. is a Canada-based oil and gas exploration company. It is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in Berbice, Guyana. The Company, through one of its subsidiaries, holds an interest in a Petroleum Prospecting Licence (PPL) and related Petroleum Agreement (PA) on the Corentyne block in the Guyana Basin, offshore... see more

TSXV:OYL - Post Discussion

CGX Energy Inc > Hopes for tomorrow?
View:
Post by Ermosp on May 08, 2022 3:25pm

Hopes for tomorrow?

Guesses for tomorrow

33% - data worse than initial analysis and either no news of financing or bad terms: SP goes below <$1
33% - data aligns with early projections, no financing terms announced: SP at ~$1-2
23% - data aligns with early projections and frontera announces loan for financing rest of wei at $2.5 SP: SP $2-3
10% - something meaty about JV announced: $3-4 or higher depending on news

Comment by ljmorin on May 08, 2022 3:37pm
Normally Good news is on Mondays Bad News is on Fridays. Seen it before.
Comment by waitingstill on May 08, 2022 4:53pm
I agree with the target prices for the possible events. I think Kawa results will surprise to the upside with respect to volume and type with respect to what market has projected (essentially market thinks Kawa not a discovery imo). I highly doubt anything concrete on financing. So my guess is end result between $2-3 by Wed.
Comment by Schreibzey on May 08, 2022 5:14pm
Being realistic, it's hard to imagine a management team on this earth that would open themselves up to scrutiny and unscripted questions in a live webcast.....if results are negative. It would be much easier to slip a NR through on Ftiday at 8pm. 
Comment by jada13 on May 08, 2022 6:04pm
Thats for sure and there is a lot of news today on OilNow about Guyana Ports and talks with Brazil about deep water ports .Just be patient good things will come.
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