Post by
MLEWICKIMBA on Jan 04, 2025 1:59am
Share Buyback Momentum
With the CAD$ at 1.44 the last month and the next few months for sure the effect is quite significant on CAD$ revenues.
Assuming $1BLN in sales on average per quarter the effect is about $55,000,000 to $60,000,000 CAD.
This means up to 15M shares extra can be bought back in Q1 2025.
Start thinking about that over the course of 2025 and I am predicting that the entire NCIB can be met in 2025.
The Shares should trade over $4.00 and higher of course.
I believe BTE is a take over target given its range of production sites.
Have a great weekend.
Remember energy investors fuel the world.
ML
Comment by
JohnnyDoe on Jan 04, 2025 8:58am
Go read the 2025 guidance. Capex is tilted to H1, fcf is tilted to H2. Imagine how the q1 headlines read. You're going to see every metric drop YoY and they're won't be buybacks in q1 because there isn't sufficient cash flow for it. Decreased production Operating loss for the Q Unfortunately that's how it is going to read
Comment by
MLEWICKIMBA on Jan 04, 2025 10:06am
Buybacks will continue in H1. The CAD$ value will allow for some.