RE:RE:RE:What do you have for Q3? Here's mine : ) YGR looks like cardium company most priced in by stock market for weaker AECO prices.
NG prices were the pits in 2019, whole was buyt even Q3 was 1.06. YGR was trading at 1.10-1.20 at back of 2019 with low AECO prices and had 186m in debt at end of q3 2019.
At end of q2 of 2023 YGR is at 120m, so shaved off 66m in debt.
66m in debt savings divided by 94.8m shares outstanding, too lazy too confirm but stockhouse lists this as number = about 70 cents a share in equity gain at end of q2 2023 versus end of q3 2019.
so 1.77 - 70 in debt repayment = 1.07 a share
In a way the market is pricing YGR cheaper right now than back in 2019 with 1 AECO prices. Aeco was 1.55 in Jan of 2019.
Market is prob already pricing in a weak aeco envrio.
Inplay which was 62 cents in 2019 is over 2.60 now
YGR low operating costs usually equalize Inplay oil weighting advantage in results. IPO is quite gassy.
Be interesting to see short count positions in some of these companies, probably growing for some.