CE1 12.5% 0.9¢ calima energy limited

Ann: Q2/Q3 Drilling and Completion Operations Update, page-16

  1. 4,547 Posts.
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    I think both you's guys are pointing a flaw in the reporting. The company is happy to advertise the increases in production but doesn't transparently show the expected decline in production from aging wells. Don;t mind this being in balance, just would like to see all the information spelt out.

    I have said before, the company needs to produce a stacked plot of all wells historically, say the last 2 years. With projections for increase and declne a few quarters out ie. 2023 H2. Very simple, could include error bars in the estimate. A stack plot as it will show the total oil equivalent output at any point in time. Let the shareholders see what the predicted future is.... the management keep coming up with projections that "were" overly optimistic. I hope that has ceased.

    The share price given the commodity, location, monteney, share buy back, LNG push in Canada and expected dividend has many varied of positive drivers.
    The negative has been reporting CREDIBILITY. Needs to be very transparent to attract new sharesholders. Mark needs to lift his game!

    Nrivana would be on the same plot stacked plot show the price recieved/barrel and the AISC cost/barrel.

    Very simple,one plot would rule all.
    Last edited by trousergecko: 02/09/22
 
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