Member Info for calmtrader

If you don't believe me that EBITDA is a good message maybe this will help...https://www.google.co.uk/amp/www.mrt.com/business/energy/amp/EBITDAX-and-EBITDA-Using-the-best-measure-for-7409321.php

Wow you talk some rubbish and seem to get away with it..the EDITDA shows how profitable they are and they paid for the new reserves out of there cash flow and have very little debt...

Maybe an EBITDA of £8m should justify it?..or our oil is sold at a premium all 2350 bopd..or reserves of 100m should ..but a current market cap of £8 is silly

I tried to buy some cheap ones today(3.69) but couldn't buy any decent size

thxs Gamier current netback is $38.95 Vs $46.43 in the first of 2015....positive cashflow...access to capital..i'm continuing to buy at this level

Gambier any chance you could post a link to the above as I thought the MET was just a straight forward % so a rising oil price would help UEN