RE: Very modest EBITDA valuation11 Apr 2024 09:49
Overly conservative Ocelot. Aside from being grossly undervalued today, as clearly indicated by the board, we have so much more positives to look forward to in the near term.
- Brockham flows
- Balcombe appeal result and forward plan
- Revised CPO (I believe)
- Increasing gas and oil price forecast next 6 months
- strong operational cashflow
- stronger balance sheet month on month
- Director share purchases
- Acquisitions
- Gas storage plan development
- Takeover approach ?
The latter highly probable if the share price stays below 1p for much longer.