OTCPK:VGIPF - Post by User
Comment by
TheRock07on May 08, 2013 5:07pm
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Post# 21353840
RE: RE: 1.75-2.00
RE: RE: 1.75-2.00 We know that Q1 will show about $61 million in revs and $27.5 million in cash flows.
These metrics are a tad below forecast levels.
With higher Ed Par prices this quarter, our foreward perspective becomes quite interesting.................if we can maintain production at about 8000 bpd, we are home free relative to forecast metrics for the first half.
Its the debt issue and how they propose to ameloriate it that will be the interesting part.
If the dividend remains untouched and they introduce a DRIP , look out for a major increase in the share price