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Bonnett's Energy Corp T.BT



TSX:BT - Post by User

Comment by StompinTomon May 09, 2012 10:22am
162 Views
Post# 19889103

RE: RE: Only .79 cents cash flow in Q1

RE: RE: Only .79 cents cash flow in Q1

With operational peformance like this, it is only a matter of time.  I emailed with IR and asked about a dividend, as many other drillers (Calfrac etc.) are doing the same and with these massive cashflows far outpacing debt retirement requirements, a small div (
.05 quarterly) would be a huge boost.  Considering the overall sell off, it is holding up here with low downside risk as drilling won't stop even if Oil prices drop.  Let's see what the AGM unveils.

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