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0.9¢ calima energy limited

Ann: Company Update, page-129

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jophda

4,809 Posts.

2241

01/07/23

09:58

Post #: 68565835
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Originally posted by retorn123: ↑

omg

you again seem to be getting a few things mixed up, confused and wrong (like the oil price u got round the wrong way)

in 2022 the wcs was $75

ce1 made from ops $51m + $16m hedges = $67m in 2022

the wcs is now ~$60, and is forecast to rise by all the independent valuation consultants in canada

to reach wcs of $75 would now require ~$85 wti, not too high and right in the middle of opec put

and ce1 would produce from ops >$67m
and will spend it how they like

if you want to talk down the oil price, you can (at your own peril)

but you also look a little dumb trying to talk down assets that can clearly produce a lot of cash at a reasonable price

even garpy was not dumb enough to not go and try to buy ce1

for a 17-20c capital return, and then multi-tcf and >100m bbl condy

dont miss these prices

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Just curious , how do you know that information about garpy ?

CE1 Price at posting: 9.2¢ Sentiment: Hold Disclosure: Held
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