GREY:BNPUF - Post by User
Comment by
LNGStrongon Nov 27, 2019 2:41pm
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Post# 30399138
RE:BonaV is dead man walking.....
RE:BonaV is dead man walking.....
momo, patience is the key to all nat gas producers right now. With Bonavista in particular news of covenant relief and additional debt payback with higher cash flow on strong aeco should continue to move the needle in our favor. No one's in a rush to spend capital frivolously as in the past.. Debt paydown while maintaining production flat is smart and patient shareholders will see the the fruits of this in later years. Same upside with peyto, Birchcliff, nuvista,, pony, arc, etc.. All in the same boat, some with less water. Obsidian, bellatrix and the like are in much deeper but even the likes of trident and houston took years to finally sink.