RE: RE: RE: RE: this one has performed like real..Hi
The amount for 2012 is $80mil, with another $112 million in 2014.
The cut to 5 cents would save $3 million per month, or $36 million a year. Still not insignificant, and over time sure to improve the balance sheet.
However you are right about cash flow increasing through production, oil prices, and US conversion.
On balance I am not concerned about NAL. Now my investments in Manulife and Sunlife are a problem of a different colour.
Terr