Motors, Agree. Even some of the non-conventional drillers with large acreage have no (or small) revenue with fixed costs which will require a number of barrels of oil (or equivalent) to cover these costs. Since we are now showing positive cashflows - we can manage scheduling of exploration etc. We should hopefully see a gradual increase or one of those straight lines like we had with the update in late Sept. The multiple at that time was 2-3 times so anything is possible in this market. Dyor. Leba
Motors, Agree. Even some of the non-conventional drillers with...
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