Free cash flow forecast for Q3 $3 mill, actual came in at $12.3 mill. Take out the Montney proceeds of $11.5 and the actual was well below forecast. Nothing here to indicate much growth in either ongoing production or profits. Share price is about where it should be for this outfit so long as the oil price stays high.
Ann: Sept 2023 Quarterly Activities and Cash Flow Report, page-15
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