Nuvista Energy Ltd T.NVA

Throwing down the Gauntlet

[MyHoneyPot]

Well NVA really want it so that did it, and open the door to a take over offer from POU. 

22 Montney wells to be completed in Q1-Q2 time frame and getting their debt under to 2.0 Debt to Cash flow measure. 

It looks to me like now POU 90,000 boe a day for 2021 and NVA 60,000 boe a day for 2021 could combine forces and together be 150,000 boe a day with about 900 million in debt and 200 million in bonds. 

A match made in heaven, and pOU was trading at 11.80, NVA trading at 1.80, 6:1 share trade for 180 million shares. 

Results company 150,000 boe day, 164 million pou shares, and likely a double in share price. 

Win Win for NVA and POU shareholds.

Combine at the current share price and both share holders get share appreciation.

NVA put the for sale sign on the front door with the recent press release. 

IMHO

[Gassy166]

HP you are the biggest cheerleader I have ever come across on any chat sites. I like pou but not at 6/1, if you think pou would double if combined with nva that's telling that nva is badly underpriced at 6/1. 

[MyHoneyPot]

I think at 6:1, NVA would double and so would POU.  Together they would have 150,000 boe and would have about a 4.5 billion enterprise value. With 165 million shares total and 1.1 billion in debt. (900 million + bonds) I think that equates to 20 dollars a share and a double for NVA shareholders.  3.4 billion / 165 million shares = 20.60 a share POU has about 300 plus million in other

[Gassy166]

According to your math if 20% of nva just added 50 cents a share value to pou (130 million shares) with the latest transaction then nva shares should rise in price by 5x65/225= $1.44!!! Cheers buddy 

[MyHoneyPot]

I am not sure about your math, but this is very positive. IMHO