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Cubic Energy Inc. Message Board

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  • rrb1981 rrb1981 Jan 25, 2011 2:39 PM Flag

    Valuation-part II

    disco,

    I agree but apparantly the market doesn't. With $16 million in cash flow and likely to rise much much higher as more and more wells come online, QBC should be trading at minimum of around $1.50/share to $2.00/share. Hopefully the market will see the big picture when the reserves report is released. This is really one of the cheapest pure Haynesville plays.

 
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