Totally agree, and unsurprised by any real FA comments. I think Cmons got it covered
The amount of fluff this company has put out over the years has worn thin. They had 4 properties and $100 oil and $30m fresh cash a few years ago...and never turned a dime let alone cash flow positive for a quarter.
and now one property and $40 oil and no cash.
yup, that makes complete sense.
Fundamental Financial Analysis, page-17
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