Conifex Timber Inc T.CFF

Anyone know when the next board meeting is?

[horseshoefalls]

Would be nice to get some information on plans for the cash windfall.  Special dividend, NCIB?  Hopefully they don't implement the NCIB and start buying at $3

[ValueCap]

Great question. My guess was we wouldn't see any cash back until November until the Q3 print solidified the cash position. I'll send an email to Jordan and see.

[dosperros]

Good show, thanks.  I suspect he has to stay mums about it given it's being reserached now but you never know  he may have a good update. You're going to see some activity for sure.  Ken all but promised a NCIB.

[dosperros]

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