InPlay Oil (IPOOF) Update - Sept 9
Posted: Fri Sep 09, 2022 2:18 pm
InPlay finally updated the presentation on their website. There has been no change in their guidance and I think actual production will be at the high end of their guidance, above my current forecast.
So, my current valuation is $7.65US/share.
If I assume $80/bbl WTI for all 2H 2022 and full year 2023, my valuation would dip to $7.00.
IPOOF was trading at $2.41US at the time of this post.
So, my current valuation is $7.65US/share.
If I assume $80/bbl WTI for all 2H 2022 and full year 2023, my valuation would dip to $7.00.
IPOOF was trading at $2.41US at the time of this post.