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Bullboard - Stock Discussion Forum Sintana Energy Inc V.SEI

Alternate Symbol(s):  SEUSF

Sintana Energy Inc. is a crude oil and natural gas (hydrocarbons) exploration and development company. The Company is engaged in petroleum and natural gas exploration and development activities on five highly prospective, onshore and offshore petroleum exploration licenses in Namibia, and in Colombia’s Magdalena Basin. The Company holds an indirect interest in the petroleum exploration license ... see more

TSXV:SEI - Post Discussion

Sintana Energy Inc > What market cap is SEI truly worth?
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Post by kmapp on Apr 30, 2024 8:56am

What market cap is SEI truly worth?

I've be in this since the Zodiac days and have finally recovered my inital purchase after the 15 to 1 reverse split to Mobius now Sintana. What market cap is SEI truly worth? At $1.10 it's almost $400M, could we see this go to $2++ nearly a $1B valuation? Is this possible to get to this level? Looking for qualified opinions only, not to the moon comments, please. What is a 49% indirect intrest actually worth in a sale to a major? Thanks, kmapp
Comment by ExplodeTheBank on Apr 30, 2024 9:06am
About 7-800 m (calculation on ceo.ca), so yes 2 CAD is not that far off.
Comment by Alim33 on Apr 30, 2024 9:14am
Currently at 1.10, the MC is only 300M and not 400M. So, yes I think $2 is not far off.
Comment by kmapp on Apr 30, 2024 9:21am
Am I misunderstanding the current market cap indicated on Stockhouse? Exchange TSX Venture Exchange Market Cap  409.44M Total Shares 314.98M Shares Out 372.22M
Comment by capconstrained on Apr 30, 2024 9:26am
Fully Diluted share count is near 400mn. 
Comment by cavinsin on Apr 30, 2024 10:16am
Same here, It appears it was about 15 years ago, I had well over half a million  shares then, remeber being 2. or 3c,PS. before split, I am sitting on substantial amount of SAI shares, and hoping this will be  $ 4-5, stack by the end of the year Best of luck