Post by
MyHoneyPot on Dec 07, 2020 12:48pm
4-1 , 1.10 Nuvista share.
A 4-1 share exchange with POU will likely be a good way to avoid the risk associated with NVA right now. The resultant company would have 130,000 boe produciton profile for 2021, and the share value for the NVA shareholders would likely double.
That is my guess, a roughly 10% premium and 4x1 share exchange and you end up with a company with roughly 130,000 boe and 1.4 billion in debt.
Not back when you consider VII generation has 2.2 billion in debt, 2 billion in market cap and only produces 180,000 boe a day for 2021.
Sounds like it could be 10 dollars a share pou price, and share holders would get 2.5 time on their NVA shares.
IMHO