CE1 0.00% 0.9¢ calima energy limited

Ann: Q2/Q3 Drilling and Completion Operations Update, page-59

  1. 234 Posts.
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    Calima has managed to generate zero FCF in the last 6 months with WTI above $85/bbl. At 70m mkt cap if it doesn't produce any cash flow its still overvalued. Only saving grace is Montney, but who knows when/if this mob manage to sell it.
 
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