RE: RE: Ba Da BING Ba Da BOOM!! Not sure what income statement you're looking at but Q2 suggests that the dividend is sustainable based on current shares outstanding, not fully diluted. Something else to consider is that a board of directors would not likely approve a dividend that is not sustainable going forward. The BOD looks at quarter to quarter FcF projections to determine manageable dividend levels. As with all public dividend payers, they are at the mercy of macro economic conditions which dictate industry specific risk. Combine that with political risk, geographic risk and the risk of too many opinions on the bullboards who have nothing to add but unfounded complaints; we have the perfect recipe for the blind leading the blind.
This company trades at a discount to peers for good reason. Those who own or those who are bullish are buying the belief that management is going to grow production. So far, they have proven capable and that trend is not broken until it's broken.
Timing of new news is immaterial. Content of the new news is what will move the share price.
Lastly, the more the myopics attempt to contact management with petty criticisms, the more time they waste of the group who is managing the very assets you own as a shareholder.
Be respectful of professionals unless you can do a better job yourself. And if that's the case, start your own private venture.