RE: How much is CEG really worth today?3 Aug 2021 03:06
Although Chalenger energy has many assets in its portfolio it just will and probably never generate enough cash so share holders ever benefit.
The company cannot continue much longer with its business model.
All its wells which came over from Columbus energy just wont produce enough oil. Its cash flow negative definitely know after its last wasted venture. Its 100mill gamble just didn't pay of, i can see a change of ceo once again unfortunately.
Regards Limopete