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Bullboard - Stock Discussion Forum Seven Generations Energy Ltd. class A common shares T.VII

"Seven Generations Energy Ltd is an independent energy company focused on the acquisition, development, and optimization of high-quality, tight rock, natural gas resource plays. The company employs long-reach and horizontal drilling to produce resources of natural gas, condensate, and natural gas liquids. In addition to drilling operations, Seven Generations owns several gathering lines and... see more

TSX:VII - Post Discussion

Seven Generations Energy Ltd. class A common shares > Sheep being lead to the slaughter
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Post by MyHoneyPot on Mar 11, 2021 10:00am

Sheep being lead to the slaughter

Isn't FCF the objective here?

VII generations share holders lack fact, a lot of fiction, and opinion, but lacking a lot of facts, and they want to give you fiscal models that support their opinion. Wake up and look at the facts.

Last quater VII generations got 3.42 for gas, condensate is trading at 67 dollars U.S.

https://www.psac.ca/business/marketstats/

So next quater (Q1) VII Generations will get over 400 million in Funds flow, and depending on their spending, say 150 million, 250 million in FCF.

That 100 million more FCF  than TOU got in the fourth quater.

Give you head a shake investors, you sheep being lead to the slaughter.

IMHO
Comment by regardless on Mar 11, 2021 10:06am
Agreed but what can they do now 
Comment by MyHoneyPot on Mar 11, 2021 10:14am
Management has not given them a factual representaiton with real current numbers of potential for future company performance, all the presentations are for dummies, because the numbers are fake and do aligned with current reality or current performance of the company. Or the future market and the hedging opportunities before them.  There is no apples to apples, I would like to know the ...more  
Comment by Westcoastenergy on Mar 11, 2021 12:47pm
MHP, what "slaughter"?  Am I missing something?  The combined entity will likely be trading at double today's share price sometime in 2021.  That is a slaughter?  Interesting that you continue to use current and future hedging numbers to forecast only VII.  ARX's aren't too shabby either.  Not entirely sure what the issue is here  I own ...more  
Comment by Beakr123 on Mar 11, 2021 12:58pm
Its MHP so its an over exxaggeration, simple as that. Seems as though this merger does not favor VII's shareholders in terms of value so there is understandable frustration from many included MHP. As much of a lowball as it is, I'm confident the combined company will be strong and provide value. There is still the question of why this merger occured how it did and feeling that we have not ...more  
Comment by Westcoastenergy on Mar 11, 2021 1:03pm
MHP, perfect example of your doublespeak:  "In my conversation with the IR guy he admitted that VII generation would generate more than 700 million in FCF next year, twice what ARC generated last year." Interesting fact, VII FCF for 2020 (last year) was 228.7 million and for 2019 158.3 million. ARX FCF for 2020 (last year) was 324.4 million. ARX also produces 13,519 barrels of ...more  
Comment by MyHoneyPot on Mar 11, 2021 1:04pm
That slaugher is that VII generations are giving 30-40 percent of the stock upside away.  In fact Q4 VII generation out performed TOU in free cash flow and what is that stock trading at, 26 dollars? ARC is a DOG an ugly DOG, and this is a stupid deal.  When the management give you projection using 55 dollars oil and you hedge out for the next year at an average 63 dollars. Their ...more