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0.00% 0.9¢ calima energy limited

I think you are referring to a Capital return? Most definitely!...

  1. EJA
    16 Posts.
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    18/11/21
    15:54
    Post #: 57677829
    I think you are referring to a Capital return?
    Most definitely! Management have stated in several presentations that they plan a significant return to holders once the Montney asset is sold.

    Calima generates $18m quarterly from oil and gas sales, this will increase by over 30% in the coming weeks once the 3 Leo wells are all in production.

    The Capital raise ship has sailed long ago.

    Best of luck
    CE1 Price at posting: 22.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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