CE1 calima energy limited

News flow

  1. 8,367 Posts.
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    I really don't know why you would sell at the moment. we are two months max away from drilling and the news flow is about to take off. Just to clarify we have a market cap of $80 million, but an asset that is worth $325 million (average $4,500 per acre) and maybe much more if we are as liquids rich as we think we are. As another reminder the permian in the US trades around $15000 to $25,000 acre and looks like the montney is headed that way. And the key icing on the Calima cake is chairman and CEO that know how to execute.

    The technicals are still a little groggy, and not giving any real leads. I like it while 5.4/5.5 holds for now.
 
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Currently unlisted public company.

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