18 Jan 2016
Yoho Resources Reports Fiscal Year-end Results Including Proforma Reserves
Incorporating the updated reserves into our NAV methodology coupled with a review of our Montney and Duvernay type curves and booked versus unbooked inventory, we arrive at a revised RENAV of $0.83 per diluted share on our price deck (Atax, 10%), or alternatively, $0.09 per diluted share on the current strip (Atax, 10%). With continued weakness anticipated in commodity prices and a lack of available capital, we have elected to maintain our Market Perform ranking along with our $0.25 per share ta ....
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Yoho Resources Reports Fiscal Year-end Results Including Proforma Reserves
Incorporating the updated reserves into our NAV methodology coupled with a review of our Montney and Duvernay type curves and booked versus unbooked inventory, we arrive at a revised RENAV of $0.83 per diluted share on our price deck (Atax, 10%), or alternatively, $0.09 per diluted share on the current strip (Atax, 10%). With continued weakness anticipated in commodity prices and a lack of available capital, we have elected to maintain our Market Perform ranking along with our $0.25 per share ta ....