PGS
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0.00% 0.0¢ planet gas limited

Hi Last of the Mohicans, Its not just about the upside. Its...

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  1. invertedva
    3,719 Posts.
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    03/09/14
    10:19
    Post #: 13916196
    Hi Last of the Mohicans,

    Its not just about the upside. Its about the decline in these assets. Let's assume these are shale wells, and the owners know the decline curves are steeper than outsiders thinks. These royalty agreements are a great way of bringing forward cash flow and offloading risk onto other parties, are they not?
    PGS Price at posting: 2.1¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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