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26/11/22
08:42
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Originally posted by onetonne:
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Really?! Sinking more capital when they cant keep up with the current BOPD. Sinking our Buyback for what? A spike in oil prices next year, More hedging. Take on some more debt. This Co is like death by 1000 paper cuts. No institutional support. No real return. Capital or otherwise. I see there's a bit of accumulation at these SP levels. But man. you can make a good living trading the battery market with what Ive had invested in this dead pool. I tried to be convinced but now Ive sold all my interest. Prob good riddance to me. But far out man! Good luck. Lithium n Graphite. Its all about the growth.
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production up 40% in 12 months. can't keep up with what ? no debt now cash in bank Montney JV looming. too many investors or should I say punters , don't look at long term 3-5 years. SPR buyback will be interesting. china opening mid next year. lots to drive or keep oil prices high. GL.