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Re: Vela700 post# 2261

Wednesday, 02/26/2020 3:12:09 PM

Wednesday, February 26, 2020 3:12:09 PM

Post# of 2477
Vela700.....And i repeat.....Buy ....The latest report had some good clues of the future....1] For example "no going concern clause" from the auditors....Thank about that and ask yourself WHY???? 2] Chevron has an approved amount in their 2020 budget for the purchase ARTRA units..... 3] there will be two cash flows and revenue flows from the Romgaz units ie the royalty on the units and a royalty from the Analytics of the data. And not the least was 4] that Chevron helped get Romgaz on board.

Further more, imo, there will be other oil and gas companies that will purchase these units. So the only sensible course of action is to buy shares.....After all the share price is still less than the per share cash flow this year..... Not many companies' shares sell for less than the per share cash flow.


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