RE:Desk Pounding OpportunityHP, 75,000 - 80,000 boe by year end would be great, but their own "guidance for the full year of 2022 is increased 1,500 Boe/d to 67,000 – 69,000 Boe/d." So, even with increased Capex they are not near 75k-80k this year. How do you come up with such a high number?
However, next year does look like they are a full year ahead of schedule!! "our existing facilities are expected to be filled to capacity and maximum efficiency during 2023 with production levels of approximately 85,000 – 90,000 Boe/d."
No matter how you slice it, truly awesome numbers, a way undervalued.
MyHoneyPot wrote:
If NVA pays their debt down to 200 million by year end
If NVA buys back 200 million worth of shares by year end
If NVA exists the year at 75,000 - 80,000 boe by year end (76,900 adding 10,000 boe/day )
200 million shares buy back + 200 million debt Reduction + 10,0000 boe/day (400 M resource value?)
210 million shares year end
800 million / 210 million shares = $3.80 share
15.80 a share year end = 32% returns
This is very conservative, and NVA is valued at about 40,000 a boe enterprise value.
IMHO