Tamarack Valley Energy Ltd T.TVE

The next $100M CAD on DEBT

[MLEWICKIMBA]

The next $100M CAD takes the debt below $900M CAD which is the 50% threshold of return of capital to shareholders.  As you all knoiw.

Question:

Will that be done in Q2 2024?

With a strong April and a reasonable May thus far the cash flow increment is there as long as we stay close to $80 USD on WTI.  

I think at a minimum $50M CAD should be repaid in Q2 on debt and this will leave about the same amount in Q3.  

Now that production is normalizing no need for the share price discount that we see now.

Believe in the future.

ML

[egee]

This post has been removed in accordance with Community Policy

[egee]

  Q4 2027 will be THAT threshold date. smoke/mirrors/schmidtBS/ etc.etc.   Why I say this;  ask me after their next corporate presentation.  TVE treadmill stock going nowhere fast/slow.  My next comment will be after the presentation.

[Sirlostalot]

Hello ML , glad you are back in from  the ledge , not sure how this TVE turd can be polished , not a dime of debt paid off, looks like almost half the share buybacks were issued again, exactly how many who knows, the numbers never add up and this was in a quarter with above 2024 planning commodity prices , very clear that management looks after management and the small shareholder didn't

[egee]

Precisely 

[MLEWICKIMBA]

I don't think it's that bad. No ledges for me I hope. The return of capital will accelerate and now full production back on pretty much. The targets are 5 bucks for TVE on average. When we get back to 85 bucks WTI and 72 WCS the cash flow and free cash flow is pretty big especially at 1.37 CAD. ML