CE1
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0.00% 0.9¢ calima energy limited

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  1. BerserkWarrior
    1,234 Posts.
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    02/03/22
    19:50
    Post #: 59936617
    I'd suggest not for a while. They have a long pipeline of development acreage & are generating tons of free cash to self fund development in a very favourable price environment. With the cashflow they're getting, they could get 'big' but I recall the Exec Chair recently saying that wasn't their aim....they want to churn out cash to return to shareholders. Either scenario would be a 'win'
    CE1 Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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