RE:RE:RE:Forward production? Whoops, I just seen this now:
"Yangarra has revised its debt target from $150 million to $100 million due an expectation
that interest rates will continue to increase. Once this debt target is achieved, Yangarra expects to return
any excess cash to shareholders via a return of capital strategy. "
So the dividend target has changed from that debt to FFO ratio, to now being just a plain old debt number.
2021 q3 Adjusted net Debt $ 201,811
2021 q4 Adjusted net Debt $ 196,794
2022 q1 Adjusted net Debt $ 178,538
2022 q2 Adjusted net Debt $ 155,389
At that rate, it looks like dividend target won't be hit until next year after all.