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NORTHERN BLIZZARD RESOURCES INC T.NBZ

"Northern Blizzard Resources Inc is engaged in the exploration, acquisition, development and production of petroleum and natural gas reserves in western Canada."


TSX:NBZ - Post by User

Comment by Bennys65on Jul 25, 2016 1:20am
66 Views
Post# 25080406

RE:Granger Never Heard of Him. Who cares.

RE:Granger Never Heard of Him. Who cares.July presentation states at 35 wti and present spending  and present div we are 99% payout all cash no drip.At 55 we are 71% payout all cash no drip.In other words very sustainable .Scotia thinks 19000 bed is very conservative not giving any credit for plover growth.So with a good drilling program and success at plover these numbers will be stronger.Add an accretive buy of new production and there will be further improvement .Hard to see much downside if any.Although with thin trading and poor uniformed market sentiment it is possible we could get cheaper stock
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