Current Conditions Present Exceptional Opportunity To Accumulate Manitok
- Current issues which Manitok Energy faces to growing their production are not exploration related, but operational – indicating a very high likelihood to being resolved within 6 to 12 months.
- Current management has both the right experience set to solve current challenges and their historical actions demonstrate a mindset appropriate to Manitok’s strategic environment.
- Current macro factors in liquids and gas pricing are an additional contributing factor to its undervaluation.
- When these three temporary conditions ameliorate, Manitok should be trading above 4.00 CAD/share with a horizon of 6 to 18 months under very conservative assumptions.