RE: Preemptive strike against the Monday Morning Granny club whine28 Apr 2022 08:16
Staggering numbers...
Firstly, 64 million dollar nett profit at average of $70 oil price and average production 12kbppd
Oil now at $105 and recent production is 18kbopd... this implies that ptal is making massive profits even with the social unrest causing a couple of weeks disruption. These numbers are truly staggering and we are sitting on a historic PE of just 6. Going forward with production going to double on last year and margins up 50% This should hit £1 in short order.