RE:RE:RE:RE:RE:RE:RE:Kavern 23 AWOL
Agree production is lagging relative to estimates. But shorts dont win if production lags. YGR is fairly valued or even slightly undervalued to peers at current production. YGR had FCF of 42 million in H1 which is more than 10% of current EV and 15% of MC with production lagging. Share price has to rise with this kind of FCF generation over time even if it slightly slower than estimates. Only way shorts win is if commodity gets hit hard.