Nuvista Energy Ltd T.NVA

Hold and don't sell

[kingshane]

This one will rip when it starts to get going. Perhaps Eric will get it going today on BNN

[kingshane]

Don't let Eric scare you off with the Nat gas talk. Condensate play going to get this thing taken out. $1.50 my buyout call. 

[Tangible]

Eric appears to be dumping NVA and pumping TVE, but they both look the same to me (Condensate weighting, market cap, growth, etc), but NVA is still down 56% from the Feb high, and TVE is only down 32%.  Looks to me that NVA is the better bet.

[RiskyAGoGo]

  Actually. The opposite I believe. He is prolly buying more at this level as he deploys cash. Doesn't want to pay more as it seems to price pop when he  appears on BNN  Just my humble opinion. GLTA

[kingshane]

Yep I believe the exact thing. Once TVE gone then he will pump Nuvista like before. Nothing as changed, They have proven the monster play they thought and bought at around 6 bucks. Only reason he's not putting more money in it is beacasue he's at his % weighting limit. Big Gap to fill for NVA. It will be filled and would not be selling but accumulating more until it is. Easy double here

[kingshane]

They do have great land that for the ones with cash to tap into it will pay off huge. Someone with free cash flow and willing to take some risk which will be low going forward and able to deploy the rigs to tap into these assets could easily grow into a much larger company. That’s what I believe will happen. POU knows this and that’s why the investment. There's for sure talk behind closed

[fleeee]

Nva is not in any liquidity crunch whatsoever, and things are only going getting better. They cannot be forced to sell out anywhere near $1.50 and simply won't. I dont understand how or why you would think they will not simply execute their 2021 plan and be a much stronger company as next year progresses. I see all these sell out projections and prices. Would someone please explain how nva

[fleeee]

Taken from September 30 news release, and after seeing the Q3 results and debt pay down i see no reason not to believe it: "This approach is expected to result in greater than $100 million of available liquidity by the end of 2020."

[Robertboblaw]

Excluding aro and financial derivative liabilities (But including lease liabilities as I would think those are cash liabilities) their net debt is ~$750 million at September 30th. I find it a bit concerning someone has to calculate this themselves and even under the heading "net debt" on their financial statements, they don't bother to just give the straight up number to people

[fleeee]

I agree, we wait and see if they pay down at least $25m to $30m in Q4 as they stated on Nov 10. On a good note, they said they would pay down $55m to $60m in H2, and managed to pay down $34m in Q3!

[fleeee]

I think RiskyAGoGo is on to something here. He wouldn't be buying TVE as it skyrockets, he would be selling. I have never heard him so subdued about NVA than today on BNN, he was salivating in the back of his mind to buy a lot more. My bet he sold a bunch of TVE, WCP and TOG for nice gains and picked up more NVA on the cheap. BNN in January, he will be pumped on NVA, LOL. 

[Tangible]

Good points, and if he is looking to rebalance to meet concentration limits or reduce concentration risks, then Torc+Whitecap, Meg, and Tamarack all will be too heavily weighted, and NVA is the laggard that will get the most added capital.

[Oldnagger]

If it is true as nearly everyone says that Mr. Nuttall is misleading his investors then maybe that is a good contrarian signal. The point is everyone should do his own due diligence   It would be nice to hear from those familiar with Nuvista their thoughts as to the value of its properties.(especially prospectivity for locations not already booked) I believe that as petroleum values

[fleeee]

You could almost tell he was struggling to sell/believe his own story that he would put it second tier for more dollars. He had that answered prepared knowing he would get asked it. I am sure preferring it was not asked yesterday   I have heard him before talk about adding a new holding but would not discuss its' name until he was fully loaded with the stock.  No different here