CE1
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0.00% 0.9¢ calima energy limited

Ann: Company Update, page-159

  1. jophda
    4,783 Posts.
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    11/07/23
    14:00
    Post #: 68728666
    I am not arguing that CE1 is not Operationally cash flow positive .
    However being FCF positive while maintaining production is the most relevant financial metric to evaluate the business .

    Lots of costs besides production costs .
    Drilling new wells to maintain production is the big one but not the only one .

    The end of month quarterly will tell us .
    CE1 Price at posting: 9.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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