Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Voyageur Signs Letter of Intent with Large Multinational Pharmaceutical Company (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Yangarra Resources Ltd T.YGR

Alternate Symbol(s):  YGRAF

Energy Oil & Gas E&P
Yangarra Resources Ltd. is a Canadian junior oil and gas company engaged in the exploration, development and production of clean natural gas and conventional oil. The Company has its main focus in the Western Canadian Sedimentary Basin. The Company has developed its land base to target the halo Cardium at Ferrier, Chedderville, Cow Lake, Chambers, O’Chiese, and Willesden Green with a focus on exploiting the prolific bioturbated zone as part of the entire Cardium package.


TSX:YGR - Post by User

Yangarra Resources Ltd > The company needs to do a 1for3 reverse split
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(81)
•••
Comment by Helloworldon Nov 09, 2023 4:30pm
87 Views
Post# 35726968

RE:RE:RE:RE:The company needs to do a 1for3 reverse split

RE:RE:RE:RE:The company needs to do a 1for3 reverse split I would agree with you Hendrik. A 10% ncib would cost 15 million today. That is 5 wells..

Can guarantee SP would be better off with a 25 well program and 10-15 million to buybacks versus a 30 well program. 

Budget next year shouod be 80 million Capex. 15 million buybacks. Rest to debt. 

Do not need to look any farther than OBE to see what an active buyback program does. Especially on a low volume stock like YGR. 
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities