Bonterra Energy Corp T.BNE

Look into the debt....

[kavern23]

It is not just the amount of debt but terms on when debt is due...lets look at the debt:

-Bank debt is 42m on a bank faculty of 110m....
-54m on debentures (not sure if includes interest but who cares) - due Oct 25 2025
-sub term debt 44.4m - due Nov 30 2026
-19m of sub term in the current liabiities - these are 4.75m payments

That debenture amount will move to current liabiltiies in Q4 financials as it will be due in less than 12 months....unless they refinance or more this to bank faculty.

Right now bank faculty has 68m in room and they are going to need to save that for debentures.

So basically at a minimum...they need to FCF that 4.75m payment due every q forward and not use bank faculty to pay this....

I think it is misleading by posters to say this company is remotely close to being position to pay a divy...unless that bank facutly gets increased to 150-160 range from 110m.

Bank faculty is way better debt instrument than sub term or deb.

[Resilience2]

Sry M8, but your calculating is not your strongest point.  Look at P8 of the presentation: The bank debt is paid down and come Q1 they've basically paid back the $ 42 or so (top of mind) bank debt. So there's $ 110 mln room.  Then they will actually build some cash if their projections holds through (& strip had at least much higher AECO) before Oct'25. Who gives a

[kavern23]

Sorry mate...critical thinking is not your strongest pouint as why do you want to point people to page 8 of the presenation?  As the commodity price assumptions are 75 and 3 dollar aeco.....and it is also just a forecast not actuals. How exactly is BNE going to 15M in Q3 like that presenation says?  with a summer of low Aeco and weaker oil prices by the day. Look bne isnt only one

[Resilience2]

Ofc it's not actuals. It remains a forecast.  But I actually checked with management and they say they track budget and believe end 2024 will be pretty accurate.  Production beat covers a lot.  But I am done explaining.  Gotta make your own choices and wish you the best. Enjoy most of your posts! Just figures challenged, can't have it all .  R.  

[Jnasty2pointO]

LOL!!

[TheRexmember]

Not sure why you still quote those cash flow numbers - less than 15 million over TWO quarters is all that is needed to hit guidance.  easy