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Bullboard - Stock Discussion Forum Renegade Petroleum Ltd V.RPL

Energy Oil & Gas E&P

TSXV:RPL - Post Discussion

Renegade Petroleum Ltd > 80,000 per flowing bbl
View:
Post by ppp on Nov 21, 2013 9:27am

80,000 per flowing bbl

Thats what Whitecap just paid for the same net back production as we have. That make us worth 600 mil at 7,500 bbls.  So we have debt of about 280 mil leaves us with 320 mil div by 210 mil shares give us a price of 1.50 a share. Not worth selling then company for IMHO
Comment by Shlinker_ on Nov 21, 2013 9:52am
Strong buy here imho. Good risk reward for 50% upside.
Renegade Petroleum Ltd
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