Bonterra Energy Corp T.BNE

Valuation should be much higher

[Hendrick3]

I look at FFO per share price relative to share price to determine undervalued assets. Two names stand out as hugely undervalued relative to the sector. Ygr will have $2 FFO per share on a share price of $2.75. BNE will have FFO of about $5.25 per share on a share price of $6.80. Both below 1.5 FFO. Have a look at Cardinal with FFO of $2.50 on a share of $7.35 or ATH at about 60 cents on a share price of $2.40. Ultimately the divergences will come together so my top 2 picks right now are BNE and YGR. They should really take off in 2023.

[Flush11]

yup it should be a double digit stock price. I like them both too. More drama with YGR - market does not trust managment as much, but I think management has figured it out now. And their balance sheet is in decent shape - too little oil for me at the moment. I owned a big position in them for most of the last 6 years. One of a few decent average down decisions. Now they are poised for a move up