RE:RE:RE:Divvy: not sure what's expected but likely between 1&2 cent
Lurkzies wrote: Hi Jay, I don't get your math at all. In Q3 Bonterra recorded 6.6 m FCF with 36.1 m on cap expense, and 47 m total fund flow. Due to standard payment terms, I would expect q4 total funds at about 41 m for q4 and around 10 m on cap expense based on estimates, and another 10 m on production expenses. That leaves about 22-28 mil on debt.
in the above I am assuming no growth in production as that growth will be seen in q1 2024 income, same with any Montney value. And my cap expense and op expense were rounded up.
How do you get 5-7 m, because that Math ain't mathing..
So Q4 capex sounds like 14M, so that's 4 million higher than your projecting, which is 22M less spent than last quarter, added directly on to FCF of 6.6M last quarter (all else being equal) is 28.6M in FCF for your projections I believe if I'm mathing correct, so far... so the rest will depend on non-capex related costs we haven't seen reported yet and revenue for the Quarter...
I really hope your correct as I would love to start getting that dividend again!
If they are expecting to give us 25% of 20-25M FCF cash that equals 4-5M for the year or 1-1.25/quarter, on 37,244,467 shares outstanding = 10.7-13.4 cents per share for the year or 2.675-3.35 cents per quarter or .89-1.12 cents per month depending on the schedule. (If my maths math)
Not much, but I'll take anything to get us going!