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NAL Energy Corporation T.NAE



TSX:NAE - Post by User

Comment by themangokidon Jan 10, 2012 12:06pm
368 Views
Post# 19386444

RE: RE: RE: RE: last year nae issued its...

RE: RE: RE: RE: last year nae issued its...

cutting the div is just pure speculation on my part.  I have said before I think cutting the div could send the signal of skeletons in the closet. 

$100 oil, sizeable and attractive land positions, I would think should be enough to maintian the div.  Worse case, scenario sell an asset you wont drill for the foreseeable future to help pay down debt. 

I would much rather the company put itself up for sale than cut the divy. If you cut the divy with oil at $100+ imagine the pressure on the stock when oil comes off.  Nat.Gas isn't gonna save the company any time soon.

I'd be really interested in hearing the logic behind cutting the div as opposed to an asset sale.

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