Yangarra Resources Ltd T.YGR

Equity value changes

[kavern23]

The stock price changes in OBE, IPO, BNE and YGR and Petrus could come into play if commodity prices remain weak.

OBE is sure gaining the advantage in valuation compared to BNE or IPO.
Begining of 2023, OBE was 8 - 8.80 range and is now like 10 bucks.
But early 2023, IPO was 2.80 0- 3.00 versus 2.40 range now.
BNE in similar 6 - 6.20 range as they were in early 2023.

If OBE stock holds and rest fall more, like if ipo was ever under 2 bucks in a bear market, the metrics must look more attractive to OBE.

Even right now 4 ipo shares for 1 obe would be slight premium for IPO as an example.

If IPO ever falls to a 5 ipo to 1 obe or 6 ipo to obe 1 range...thats scenario I am waiting for.

Over next 1-6 months should be a shake out and more action.

I think YGR was slightly ahead of Petrus in beginning of 2023. No change here. Similar now with both down alot and YGR stock price slightly ahead of Petrus.

[kavern23]

This is similar to a chess game in a way and man is OBE in such an advantagous spot with a 10 dollar stock price and a market so hard to raise capital in with any type of share offerings. I scanned quicky OBE, IPO, BNE, Petrus, YGR and Entrada Oct production numbers. Not much too addd from what Helloworld said on YGR. For BNE, Montny wells has zero for Oct and they look range like press release