Talk about undervaluation- another company shorted30 Jan 2021 16:58
#GKP Cash = £107M owed £53M, Total = £160M. Producing 43K boopd at a $2.7/bbl opex while 2021 capex is only $15-$20M. I’m expecting 2021 profit in and around £100M at $50 oil whilst the market cap is £281M with £72M of debt. ???????
#GKP Cash = £107M owed £53M, Total = £160M. Producing 43K boopd at a $2.7/bbl opex while 2021 capex is only $15-$20M. I’m expecting 2021 profit in and around £100M at $50 oil whilst the market cap is £281M with £72M of debt. ???????
RE: What if there is no progress on debt ?30 Jan 2021 16:49
1388m Debt from last Update. We need debt to go down to about 1250m and production guidance of atleast 55k-60k or else market might punish as like Tullow. I can see all news outlet with headlines “ enquest production down - discussions with banks ongoing!!”
I just hope we don’t see 11p again as I am already 400k shares in this. Come on AB don’t disappoint me again!!
#GKP Cash = £107M owed £53M, Total = £160M. Producing 43K boopd at a $2.7/bbl opex while 2021 capex is only $15-$20M. I’m expecting 2021 profit in and around £100M at $50 oil whilst the market cap is £281M with £72M of debt. ???????
Saudi Arabia hopes voluntary cut will encourage more #OPEC+ commitment, global oil stocks continue to fall especially on vessels, Saudis keep watching if oil inventories fall - Saudi energy minister #oott