RE:RE:RE:RE:RE:Dividend cut is imminent! Cuts, Cuts, Cuts I wouldn't toss it off as not possible.
Anything is possible and the banks my start pulling some strings.
That's when the real problems start.
Do we think what they say is gospel and won't change . ?
They also just said that previously objectives were growth ... right?
Well..... Q4 2015 production was 176,108 boe/day ...
todays target 177.000 boe/d
what growth?
The market is controlled by investors who know a lot more than us and do their own DD. ..
With access to insider facts and information.
Not by the likes of us on this board.
There is something the directors are not telling us that many ... banks, funds, etc do know.
That's our difficulty, what we don't know ... not opinions or negative statements posted here ..
I to am seeing a parallel to another Bakken based disaster a few years back. To do with credit line gradually being reduced and very unresposive management and ineffective directors.
.. all IMO
darb wrote:
It is not my opinion, it was a statement by the company!