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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 > Messing around with numbers
View:
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.
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