OTCPK:VGIPF - Post by User
Post by
tinman8on May 15, 2013 10:41am
79 Views
Post# 21394249
TheRock007
TheRock007The debt is the problem. RPL is like a swimmer with a rock tied round their neck.The market is telling you this with the SP where it is now and continuing to slide.I don't see any logic in receiving 1.9 cents a month while the SP slides another 10 cents.The market needs to see acredible meaningful method of debt reduction that could halve current debt in about 3 years. Maintaining the dividend sinks that possibility. And why do you think cutting capex is agreat idea ?>