Post by
kavern23 on Nov 14, 2023 1:46pm
Messing around with numbers
Just messing around...
But let's say in a dream scenario playing around...Yangarra could buy Petrus for .7 of a YGR share for every Petrus share.
You get a combined company with 182m shares ish.
Around 150m ish in debt
In a lower commodity priced enviro in 2024...could a forecast for a combined look like this....
140m capex
190m cf
bump divy to 1.5 cent a month or 32m cash outlay a year.
18-20m to lower debt each year.
Comment by
kavern23 on Nov 14, 2023 1:55pm
On October 31...Petrus went from 1.40 to 1.15...bang...nobody knows why....on 473k shares traded but at 1.15 that was equal to 1.65 YGR share price using that .7 I have in my head if any deal was ever to happen. But Petrus has went back to 1.40 range since...but the shares traded is so low to push it back to this.