A lot of positives here. Production target of 4,000 boe/d exceeded, with one new well yet to come online.
Current market cap is ~$55 million.
Significantly undervalued IMO.
Quarterly revenue = $23.7 million (~$100 million per annum).
Quarterly Cash flow from operations = $9.8 million.
Current Production = 4,100 boe/d (not including newly drilled P12 well, due to come online shortly)
Quarter 4 forecast looking strong.
Ann: Sept 2023 Quarterly Activities and Cash Flow Report, page-3
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CE1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.122M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| CE1 (ASX) Chart |
Day chart unavailable