A look back and ahead....Fellas,
I spent a bit of time going backwards through some history
Highest boe/d was 13k in q2/19. Share price was somewhere between 2.65-3.00 ish. WTI prices not great call it $55/WTI. Debt level in co rising....
Highest SP was Q2/18. Production 7.5k. WTI better but still not great- call it $65. Debt 115M. Granted the market may of got ahead of itself somehow here.. I was not following YGR then...
Comparing those 2 timeframes to now...
Expect new record high boe/d in Q4/22. WTI prices (who really knows) but I think there must be a floor at $75. Natty prices about 3x higher compared to prior timeframes above. Debt levels falling. Company has more infastructure/ processing/ internal services division. Competitors/suitors have a bit of cash on hand. It appears they have been able to hold drilling costs fairly well.
This comparsion tells me to BUY MORE SHARES.
Now we need some more boomers. It isn't like the White Tundra dude says, YGR didn't learn anything from CVE or Taqa on drilling- they just hit the seam. That seam is in Chedder too- they have hit it before. The constant 1 rig program is starting to show up on the boe/d.. I would like to see a step out to the east at Chedder someday soon... Fresh sections/ pads
Penny- what was it you cryptically posted awhile back about Chambers "core area" I haven't heard this anywhere else??