its all about growth, when you are buying from a distressed owner, its a buyers market.
Just keep doing that, and accumulate money makers.
27m mc puts 4.5c oppies in the money.
with a growth profile 30-300-650-750-3000 boep just keep at it, and eventually bigger re-rates will occur as results wake a market up.
Great business model.
Delivering on the Strategy, page-19
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