Quoting flowrates is not the point .
The wells drop quickly from their initial production and every time they pause drilling the overall production falls rapidly .
It is all about MONEY not production rates .
Can they maintain production and produce Free Cash Flow at the same time?
The next quarterly and the one after that will tell us .
We need to ask ourselves , why has the paid for Puff Piece Analysis been proven to be so wrong ?
It has certainly not been Energy prices as they have averaged over the expected prices at the time of the analysis .
The obvious conclusion was the expected well performances the Annalists were given was far too optimistic .
I hold because a company making Montney Announcement could come at any time .
Until that happens we are at the mercy of the Energy Prices and the peculiarities of the extremely woke Canadian Government and the environmental laws and First Nation Rights .
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $82.3M |
Open | High | Low | Value | Volume |
12.5¢ | 13.0¢ | 12.5¢ | $59.64K | 459.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 13333367 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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13.0¢ | 4708311 | 42 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 13333367 | 0.125 |
2 | 1610867 | 0.120 |
1 | 40000 | 0.115 |
1 | 9500 | 0.110 |
2 | 33650 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 4708311 | 42 |
0.135 | 1721350 | 15 |
0.140 | 129588 | 3 |
0.145 | 107300 | 2 |
0.150 | 219754 | 6 |
Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
13.0¢ |
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Change
0.000 ( 4.00 %) |
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Open | High | Low | Volume | ||
13.0¢ | 13.0¢ | 13.0¢ | 384565 | ||
Last updated 10.23am 30/05/2024 ? |
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