Interesting write up, as always - thanks. I think the history of Perpetual/Paramount ET somewhat tainted RBY's launch - very much making it a "show me" story. If they hit your proposed metrics, the history will fade and investors return. RBY's q4 production exceeded estimates, so they seem to be doing it right. Before heading off to BMO, Jeremy McCrea had it a OP2 with a target price of $4.00, noting its successful drilling program and land accretion activities.
Interesting write up, as always - thanks. I think the history of Perpetual/Paramount ET somewhat tainted RBY's launch - very much making it a "show me" story. If they hit your proposed metrics, the history will fade and investors return. RBY's q4 production exceeded estimates, so they seem to be doing it right. Before heading off to BMO, Jeremy McCrea had it a OP2 with a target price of $4.00, noting its successful drilling program and land accretion activities.