RE:RE:RE:What do you see...I would say better than average chance - as soon as the "insider" falls below 10% they are free game for the SIB - and that I believe is over and above the regular NCIB - although that's just memory which doesn't always work well these days
but that...that would be an amazing reduction in shares!!
dllscwbysfn wrote: Is it possible that they have stopped the NCIB program and are setting aside money for a SIB?
dllscwbysfn wrote: Would this not go against their stated plan of 50/50. I am long and will wait and see what they did and are now planning. I am hoping for some very clear answers to buybacks, debt reduction, production and E and D costs shooting up by 20to 40%.
3 weeks will determine my future here.
red2000 wrote: YER coming end of february.
Here is a part of what I see coming...what do you see !?
Very low buyback for january, to keep cash to pay LT Debt.
I expect 300M$ less of LT Debt end of 2023 compare to Sept. 2023.
At 8% interest, they save 24M$ yearly.
Enough to upgrade Div. for .025 quarterly to reach 0,03 per share somewhere in 2024 at 800M out. sh. ==== 84M$ yearly.
Actually they pay on a yearly base 72M$ of div. so all good to go !
Will help to stabilize share price over 4,50$, without any others positive impact.
Probably announce at the Annual meeting of May 9, 2024.
More coming...