RE: What is the Core business SP valuation ?10 Apr 2022 16:49
Sorry, Footse1000 - I misread that: "making reasonable assumptions for current year Oil prices and costs the core business is worth considerably more than the current SP". I thought you were saying the costs were too high and then I commented "Nope" when I shouldn't have. This company has plenty of buzz around it.
Looking at the results, they are doing well , better than I expect! However, for this stock to go up they need to start buying back some shares to keep investors interested and stop issuing huge blocks of shares that dilute the price as compensation, as soon as the debt is zero, then can just pay salaries like any regular company. I propose they investigate alternate ways of raising investment, other than issuing shares or bond-debt, like promissory credits for assets they will produce in the future, like hydrogen. They could use smart-contracts with various cryptocurrencies to do this, like dash or etherum, for example.
I'm talking: "hydrogen futures"....which could be a huge market.