Why is everyone only giving value to NG productionWhen they're switching to oil and are profitable with NG having a low production cost ?
With the money saved from the dividend cut, which wasn't so bad by the way, they'll be bringing up nice oil production, which in turn brings in cashflow to pay the dept...
I bough in at 4.85$ (yeah , damn me) but i'll be holding through the storm...anyways dividends are paying much of my losses already...
Once they get a nice portion of their production to be oil, cashflow will be increasing nicely, and the gas storage facility is coming online soon too!