Nuvista Energy Ltd T.NVA

RE:RE:September presentation

[Oldnagger]

Sugaree wrote: Looks like the last $87m still borrowed on the Credit Facility Capacity is paid off and now have all $470 MM free to borrow.

Oldnagger, I see they are starting to pay off the 2026 notes now. I thought being callable to July 2023 meant they could not be redeemed at all until then? Not my area of understanding. any idea?

Oldnagger wrote: well worth reading. Even at lower crude and nat gas prices, NVA is a once in a lifetime opportunity !!
Where else do stable growth  companies get a full payback on their capex in far under 12 months ??
There are other similar companies, yet NVA still has existing infrastructure to support another 50 % growth . Also NVA is getting unhedged which will be a good position to be in this coming winter
Biden is deliberately manipulating markets for his own political goals. That will stop by November at the latest. BUT I will buy now as major producers are surely not amused !!

I would suspect that NVA is simply making bids in the open market and filling them as they can (at par). So on second thought this action is not a sure sign that bank debt has all been paid down !!