RE:Anyone know when the next board meeting is?Oh they will but I beleive you can only buy back 5% of float annually with these. So it's no silver bullet. A div is the true key to this.
As noted I expect about $20M in cash from the mill and the usual from the power plant. I think implementing a variable div policy will be important even if just to keep up with the others in the sector.
CFP will sit it out and the value gap between them and WFT will grow even further. RBC values CFP at 6.0x and WFT at 7.5x. Brutal.
Ken, buddy, don't be like Canfor!!!!