So let's see - BDR improved its cash position to $37m and made an additional $2.3 million in hedging.
About $40 million for a company valued at ~$460m so a PE of about 11...
That's a PE of 11 based on ONE QUARTER...
And production is ramping up, not down...
So a CY PE of around about 3 or so.
Crazy.
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