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Spartan Delta Corp (SDE)

Toronto
Currency in CAD
Disclaimer
3.95
-0.08(-1.99%)
Real-time Data

SDE Comments

3.04 buy time
Price target cca 20 until end of summer. Wait for end of lockdowns in China, price of oil will skyrocket
This will go to 10 per share by end of May..
Done by the end of May,.. If oil prices stay, target is 15-20 for this year
I don't understand why is this company soo cheap? They have contracted 60 percent of their production for $ 2.25 per GJ. Today's prices are even higher. About $ 2.65. Mining costs about $ 1.6 per GJ. Mining 25000 boe / day. Theoretical profit of approximately $ 20,000,000 for the first year, including other revenues as NGLs. The return is therefore approximately 14 percent of free cash. PE ratio 7.3, PB ratio 0.5 and growth potential 10 percent.
I just found about them im doing soem research might load up
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