Nuvista Energy Ltd T.NVA

Desk Pounding Opportunity

[MyHoneyPot]

If NVA pays their debt down to 200 million by year end
If NVA buys back 200 million worth of shares by year end
If NVA exists the year at 75,000 - 80,000 boe by year end  (76,900  adding 10,000 boe/day )

                                                                                         
200 million shares buy back + 200 million debt Reduction + 10,0000 boe/day (400 M resource value?)

210 million shares year end

800 million / 210 million shares = $3.80 share

15.80 a share year end = 32% returns


This is very conservative, and NVA is valued at about 40,000 a boe enterprise value. 

IMHO

[Oldnagger]

You are indeed being very conservative. world petroleum demand is very tight and it is set to intensify. Asian demand is set to increase once the temporary lockdowns are lifted . Jet fuel demand is coming back. Many major suppliers are still frozen with aging infrastructure and no plans even for replacement never mind growth. Before they can invest in new crude supply , they will first need to

[Oldnagger]

From Oilprice.com https://oilprice.com/Energy/Energy-General/World-Sees-First-Global-Energy-Shock-World-Energy-Council.html

[Sugaree]

"putting lipstick on a gaping wound", I like it. lol. My favourite was always "band-aid on a bleeding artery" and that really is what we have going here.

[Sugaree]

HP, 75,000 - 80,000 boe by year end would be great, but their own "guidance for the full year of 2022 is increased 1,500 Boe/d to 67,000 – 69,000 Boe/d." So, even with increased Capex they are not near 75k-80k this year. How do you come up with such a high number? However, next year does look like they are a full year ahead of schedule!! "our existing facilities are expected to be