CE1 0.00% 0.9¢ calima energy limited

Share Price Catalysts, page-1606

  1. 218 Posts.
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    if only i believed actus lol... i mean they 've have a PT of >70c for a couple of years now..

    i don't reckon they get >5k without at least another $15-20m capex in q4... more than happy to be proven wrong but the skeptic in me says they've spent A$30m between Jan-Jul and they've only sustainably increased production from between 3200-3900bbls (per q1 report)... to around 4,100bbls (my expectation for coming Jun qtr). I get that Jul/aug is probably closer to 4500bbls with the new wells coming online, but again given the timeframe for q4, i suspect they need closer to another $20m to get it up to the 5000 level
 
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