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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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Longview Oil Corp LGVWF

Energy Oil & Gas E&P


GREY:LGVWF - Post by User

Longview Oil Corp > Something is up.
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Comment by terroiron Jul 31, 2013 10:35pm
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Post# 21642893

RE:RE:RE:Something is up.

RE:RE:RE:Something is up.Thanks for your shares...

The clarity that I need is to see how well the older asset is performing and how much production is being added for the current capex. A solid recycle ratio in the range of 2.0 would also help. If these numbers are solid in the Q2 report it will go a long way to building confidence in dividend sustainability.

I cannot see how Advantage's stake accounts for the low valuation...it seems to be classic concern for the current dividend sustainability. Anytime yield gets above 8% it seems to call sustainability in to question.

Terr
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Dealroom for high-potential pre-IPO opportunities
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