RE:RE:RE:RE:RE:RE:RE:Very pleasantly surprised I know,the 2H23 thing has been chewing at me all day, guess I need another full read of the report to understand if it is a typo, or if there is a planned big expenditure ... of like $600M.
Just don't understand how they could say they will eat $500M in debt in Q2, but then take four quarters to eat another $600M. Yes, the ratio of buyback to debt changes to 50/50, but at most that means two quarters more to $600M, which makes it 2H2022.
Could it be an ugly typo?
newcoin wrote: I hope you're correct.
Way past my pay grade.
$600M debt floor was supposed to be H2 2023 but I've heard many thoughts that it would be sooner.
Under promise and over deliver.
If $100 oil holds (and most people can't believe it) then MEG is generational wealth. I believe!