Yangarra Resources Ltd T.YGR

Peter’s YGR presentation

[Hendrick3]

https://vimeo.com/1008275577/de5316426b

[Spos01]

Thanks for sharing,very informative. Hopefully they can hit their #'s. Next earnings report should help to see if they're on their way.

[margaritaman]

What happened to the water flood "experiment". No mention at all.  

[Helloworld]

Hendrick, Curious on your thoughts that preferred ROC is a special dividend (he was throwing around 10 cents).  1 year ago at the same conference with SP at $1.80 they trumpeted buybacks because trading so cheap.  I can almost guarantee if they buyback 10 million in shares that SP will appreciate by way more than 10 cents. As an investor down 50% a 1 time special dividend sounds like

[Spos01]

My understanding of the dividend, was not a one time special dividend. But rather a dividend that they would not commit to on an ongoing basis, but rather provide a special dividend on a regular basis. To me it's semantics. As any company can cancel a recurring dividend. So I'm not sure why they will call them special dividends. But I didn't see it as a one time yearly dividend. 

[Hendrick3]

Late last year I was told they planned to try for a dividend by early 2025 so this is consistent with last messages I heard. The horrendous natural gas price has pushed that back. The theory being that the share price would respond better to a dividend than a buyback. Looking at Obe who has been the buy back king sitting way below last years price after buying back a large portion of shares, they

[Helloworld]

Their median case is 40 million in fcf next year. That is 40% fcf with 100% returned to shareholders once 80 million target hit.  OBE is doing a 5% buyback.  Different scenario. The comment that it is themselves and not banks imposing the 80 million target before ROC... why not initiate the ncib and start buying today if company is being given away with this giant ROC on the horizon.&

[kavern23]

Obe could be wanting the higher share price for m and a reasons. I think ygr guy said a 2 miler is like 3.2m...really good. Obe also has too much future capital drilling in peace river for a divvy make sense. i thought it was a good and encouraging presentation for ygr.