OTCPK:VGIPF - Post by User
Comment by
Indicatoron May 29, 2013 7:04pm
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Post# 21457752
RE: Long time - no announcement
RE: Long time - no announcement so if your figures are correct (10 Million per month dividend payout - I haven't checked), and they are funding the dividend exclusively via the LoC, they should have about 5 months at maximum to go before their LoC is completely maxed out. Of course banks will not wait until that time and/or the time limit may change if they are funding some more of it via cash flow or the price of their oil drops/rises.
anyone have a clearer idea on the humbers?