RE:RE:RE:RE:RE:RE:RE:Massive Vermilion Short PositionThere's a difference between "good until" and "sustainable". I take "good until" to mean the dividend wont be cut unless prices fall below $40 for an extended period. It looks like the divy is long term sustainable at 55 wti. It is a fair bet that it wont need to be cut because marino wont cut it for flash crashes below that number as is shown historically.
[quot
You may want to look at the company's November presentation,,especially slide 12 and 15...your statement regarding WTI $40 is a bit outdated....
[/quote]