Post by
MLEWICKIMBA on Apr 28, 2024 8:34am
ATH will 7 bucks in 6m
1. My guess is that they will stay with what they have in terms of assets and expansion that they are currently undertaking until all debt is gone and another 40m shares are retired.
2. This means probably 600m cad in liquidity by December 2024.
3. Then they could issue new debt, shares and have the cash to expand Leismer and develop Corner.
4. They will be squeaky clean by the .
As a note Baytex has financed recent debt at 8% I think.
I can see an NYSE Listing at 7 bucks which would be 5.00 plus USD.
ML