RE:RE:RE:RE:2019 ProjectionsAs I said many times, Q3 is a milestone for VII. We may see dividend soon.
the reason is that VII sustaining capital for current production is around 1.2 billion dollars, and its annualized fund flow based on Q3 will be 2 billion. That is 800m free cash a year. This is based on WTI 70 and current hedging. Without the hedging, it’s fund flow and free cash will even be higher because it’s hedging price is around WTI 57 dollars.