Post by
Ikeros on Apr 22, 2021 1:02pm
New company presentation
https://www.ppr.ca/wp-content/uploads/2021/04/PPR-Presentation-April-2021-Updated-FINAL.pdf
I like the new detailed information it gives. What kind of effect does the prices has on AFF etc. CAD/USD development has quite significant effect on AFF. And also on debt. Value of CAD has increased clearly in recent months and that is a very good thing (positive effect on AFF and amount of debt).
Comment by
Ikeros on Apr 22, 2021 1:10pm
"Annual cash interest charges down from 9,3MM to 5,3MM" "Assumed the following average 2021 commodity prices: WTI USD $61.50/bbl, AECO $2.80/mcf, MSW Diff of $7.00/bbl and WCS $16.00/bbl and USD$1 to CAD$1.26, 2021 capital program and ARO expenditures are expected to be fully funded".
Comment by
filefish on Apr 22, 2021 2:20pm
At least someone found time in their busy schedule to update the Presentation, if not the website .. Fully funding at those prices is not saying much. Since 2 new wells are not going to make much of a dent on the debt balance, looks like we wait for a verdict on Nafta to see if there is any future with PPR or if they can find a white knight. tfULLY
Comment by
Ikeros on Apr 22, 2021 2:43pm
There will be 4 new wells. It means debt will go down not up. Perhaps not much but the direction is right. Nafta for sure the possible game changer. Decision expected in the summer. So soon we will find out.
Comment by
sassysarah on Apr 22, 2021 2:49pm
Really happy with this presentaion. Note Tax pools: 857.9 Million dollars - could be signigicant value for the company!!
Comment by
RHertig on May 06, 2021 5:45am
Looks like everything they make can go to paying debt without the taxmans hand in the way. If oul stays at current prices ir more for the year we should have a good ruse in the stock price. Throw in NAFTA and this might give us better returns than I got for CJ or any other Canadian junior.