CE1 0.00% 0.9¢ calima energy limited

Now I don't take "simplywallstreet" numbers as 100% correct...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 13,327 Posts.
    lightbulb Created with Sketch. 1930
    Now I don't take "simplywallstreet" numbers as 100% correct ....still they have some great info pics give us CE1 S/H a generalised view of operations ...as we see expenses are high ...hoping the goal is to streamline operations so these will be lower going forward

    Depreciation &Amortisation is of course the largest ..expense..

    we know the "Montney sale" will reduce expenses by another 1mill pa ...

    IMHO they should ditch the whole hedging profile they run would also save some $$$ .. I know if they take their credit higher than 50% they need to engage in hedging....but at present low levels should be no need ...

    I guess for me how will the new leadership of "Karl De Mong" change CE1 direction from the "Jordan Kevol" as that wasn't working just wasting capital on Montney dream .. Is Karl going be about driving the highest FCF from projects..goal to lower expenses

    Certainly want to continue to see Mgmt buy shares ... Karl hasn't much of a holding

    https://hotcopper.com.au/data/attachments/5586/5586706-5c988dae097a26a5a609d02c1ac6c480.jpg
 
watchlist Created with Sketch. Add CE1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.