The company I’m sharing today …
Grew production 7x in 2 years, above plans
Trades at 1.8x forward owner earnings at current spot prices
Has owners earnings hidden by depreciation and ongoing growth
Has an overstated Enterprise Value, due to partly owned/owed debt
Produces one of the world’s most strategic resources…
With these properties, be sure to also get some risks and some dirt… :-)
Let’s start digging.