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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

Yangarra Resources Ltd > Returns to shareholders deffered
View:
Post by pennydredful on Jul 28, 2022 7:37am

Returns to shareholders deffered

As    company    wants   debt   down    to    100M   before  considering  this    in    view   of    the  possibility    of    rising    interest     rates.
Comment by pennydredful on Jul 28, 2022 8:17am
Interesting that they  did  not use  the  word  dividends  but  return to  shareholders   suggesting  they  are  considering  an issuer  bid.  An   issuer   bid   would   squeeze  the shorts   harder  than  a cash  dividend   as    ...more  
Comment by TheRexmember on Jul 28, 2022 9:09am
Yes. An interesting comment. Would like to see both but also think an ncib would help moderate the plunges in weak markets. Lack of Liquidity has exacerbated the price drops. 
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