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Bullboard - Stock Discussion Forum Yangarra Resources Ltd T.YGR

Alternate Symbol(s):  YGRAF

Yangarra Resources Ltd. is a Canadian junior oil and gas company engaged in the exploration, development and production of clean natural gas and conventional oil. The Company has its main focus in the Western Canadian Sedimentary Basin. The Company has developed its land base to target the halo Cardium at Ferrier, Chedderville, Cow Lake, Chambers, O’Chiese, and Willesden Green with a focus on... see more

TSX:YGR - Post Discussion

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Post by kavern23 on Jan 03, 2022 3:08am

Evidence

What do you mean AEM data?  Raw data should be much higher and then you should be discounting for JV's.
If your number doesnt take into consideration an adjustment for joint ventures then you raw numbers have to be too low.

And how would management give a 10000 BOE guidance which was late in Q4...December 1 was that press release. If they ran sub 10k boe in Oct and Nov...wouldnt they just say nothing...

Whenever YGR usually says nothing if they dont know and they seemed quite confident in 10k.

I could be high by 100-200 BOE due to Joint ventures not being adjusted high enough but should still be over 10k.
Comment by cfliesser on Jan 03, 2022 8:39am
I believe the guidance they have was an exit at end of Q4 of 10k BOE. I see Q4E on the presentation. Perhaps they were sub 10k but just below in Oct and Nov and think that in December they will top 10k.
Comment by cfliesser on Jan 03, 2022 8:58am
No you're right it specifically says average price. If joint ventures increase by a bit maybe that's why my #s are off. Cheers,
Comment by pantonorr on Jan 03, 2022 12:20pm
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