COE 0.00% 21.5¢ cooper energy limited

Takeover Target? Gas stock target?, page-67

  1. 2,851 Posts.
    lightbulb Created with Sketch. 1312
    "I think they call it baiting and/or trolling"
    Really !
    What its called is someone who has the guts to stand up against people who try and intimate people who post anything negative about a stock they hold.
    The whole point of forums is to get different points of view about a stock so that people can make a better informed decision about buying or selling the stock.

    What you fail to mention is that I actually agree with you that Sole should generate around $90m - $100M in surplus cash.
    I never once said that it was not profitable.
    What you fail to mention is that the company has to pay around $11m per year in interest payments and anywhere between $30M-$40M per year in admin costs.
    They then have to pay ongoing annual routine capex plus development capex for new projects which could be anything between $20M- $60M per year.

    Yes you make a valid point about the Athena well but based on the stuff ups with Sole I want proof of how much surplus cash is generated from this before deciding how much that will actually be.

    Trolling through my posts on other stocks can also be deemed as "stalking" and the one post you quote was directed at oil wells and not gas well so you have mislead what I said by saying it related to gas as it was connected to BHP saying they were going to exit the oil market.
    Last edited by bigal36: 29/07/21
 
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