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Alias Born 09/11/2018

Re: None

Monday, 06/21/2021 4:38:18 PM

Monday, June 21, 2021 4:38:18 PM

Post# of 177324
$GTE

2022 is the best part of the story...

They will have less debt and will sell oil at the spot price 100%

My Advise ?

Accumulate on weakness until we see 2 to 3$/Share in 2022.

https://seekingalpha.com/article/4435138-oil-soars-making-gran-tierra-energy-a-bargain

"Gran Tierra has entered into Brent oil hedges on 15,000 bopd of WI production during the first half of 2021, with a weighted average floor of $45.13/bbl and ceiling of $51.38/bbl, to provide downside price protection since 70-80% of the Company's budgeted 2021 capital investment is projected to occur during the first half of 2021; Gran Tierra has 7,000 bopd hedged(11) for the second half of 2021 with a weighted average floor of $55.75/bbl and ceiling of $63.18/bbl"

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