There is oil in Thai waters.
Great write up - thanks. I found Globex and Africa Oil before I found you, but your work on Metals X was impressive (and a good return so far) and I like what I see on this name too.
I appreciate it. I like Valeura more than Metals X at the current prices. No brainer imo
I agree, particularly if Brent stays above $80 which I think it will.
Another great article! Thank you. I bought some Valeura recently.
Oil reserves are the generational buy.
Trying to figure out why this is grinding lower- q1 results looked pretty good to me (incl. reserve replacement) and yet it’s grinding down.
Maybe profit taking maybe oil price and Sometimes there is no apparent reason
How sensitive to oil prices is it?
They do not hedge from My knowledge. That increases sensitivity. But they have no Debt. That decreases it.
What TP on oil price at 70 USD you see?
Just from these assets likely +8$ but if they make another great acquisition could be much higher
Great write up - thanks. I found Globex and Africa Oil before I found you, but your work on Metals X was impressive (and a good return so far) and I like what I see on this name too.
I appreciate it. I like Valeura more than Metals X at the current prices. No brainer imo
I agree, particularly if Brent stays above $80 which I think it will.
Another great article! Thank you. I bought some Valeura recently.
Oil reserves are the generational buy.
Trying to figure out why this is grinding lower- q1 results looked pretty good to me (incl. reserve replacement) and yet it’s grinding down.
Maybe profit taking maybe oil price and Sometimes there is no apparent reason
How sensitive to oil prices is it?
They do not hedge from My knowledge. That increases sensitivity. But they have no Debt. That decreases it.
What TP on oil price at 70 USD you see?
Just from these assets likely +8$ but if they make another great acquisition could be much higher