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ARPETROL LTD V.RPT

"ArPetrol Ltd is engaged in the exploration for and development and production of oil & natural gas, and also provides natural gas processing services for third parties in Argentina."


TSXV:RPT - Post by User

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Post by JRParkeron Mar 02, 2015 11:09pm
168 Views
Post# 23482711

Repatriating cash

Repatriating cashIn the January press release they note that in 2014 they repaid $3 million USD in debt and interest. And now that the debt is repaid they note they expect they can repatriate all cashflows to Canada going forward if they choose to.  A portion of that (less than $1m) would fund the NCIB.  Do others think they are alluding to possibly a dividend in the press release? After seeing what a dividend announcement did for V.PTG today I can't help wonder what a 10 cent per share dividend would do to this stock. They could afford to pay that amount assuming they don't have other plans for the cashflow when the NCIB is done.
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