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0.9¢ calima energy limited

Okay. I am new here so I can only go by the projections that are...

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punchq

10 Posts.

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10/07/23

15:21

Post #: 68710213
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Originally posted by James7821: ↑

I strongly disagree with your statement that it is trading at 1x earnings. Scroll up and focus on my posts in particular. It'll save you hours of research and offer a genuine and plausible explanation why it's trading at these "depressed prices". In a nutshell, I believe it has no forward earnings at current oil prices. Using my calculations, it seems every dollar of gross profit is required to be reinvested or else its production rate will drop sharply.

Look at the Montney asset, I think it's worth more attention than this production business.

These are my opinions and not trading advice. Everyone should do do their own research.

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Okay. I am new here so I can only go by the projections that are available at my broker (IB) and company presentations. Does that mean their breakeven prices are above current crude prices? That would definitely make me reconsider my position.

CE1 Price at posting: 9.5¢ Sentiment: None Disclosure: Held
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