It might be that they are not producing any oil and the market thinks Dorado 2026 way too far into the future. In the short term we have to wait for that positive announcement (Hopefully)on Buffalo to see any movement in the s/p. Dont like to mention the dreaded T/O word but there must be several companies looking at that massive cash flow from Dorado when it comes on line. How long might they be prepared to let the price drift around 27 cents?
Ann: Corporate Presentation, page-15
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16.0¢ |
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Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
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