CE1 calima energy limited

A lot of positives here. Production target of 4,000 boe/d...

  1. 1,949 Posts.
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    A lot of positives here. Production target of 4,000 boe/d exceeded, with one new well yet to come online.
    Current market cap is ~$55 million.
    Significantly undervalued IMO.


    Quarterly revenue = $23.7 million (~$100 million per annum).
    Quarterly Cash flow from operations = $9.8 million.

    Current Production = 4,100 boe/d (not including newly drilled P12 well, due to come online shortly)

    https://hotcopper.com.au/data/attachments/5696/5696755-cb370242e1108131347821d5caa32b03.jpg


    Quarter 4 forecast looking strong.


    https://hotcopper.com.au/data/attachments/5696/5696758-9b72fb450b9aefada0da852f86215da1.jpg





 
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