RE: RE: RE: If management is silent, call them... agreed. in general the yield has nothing to do with sustainability.
sustainability has to do with cash flow and POR.
also agreed notwrong,
at this time for long term holders a cut in the dividend to a 100% all in with guidence to increase production year over year will be great and you will see a sp rise as investors will buy.
I do think mgmt knows this and will put a plan forward, It is odd that they are waiting to cut the dividend as its costing RPL much needed cash.
as I have said before there are worse things than high debt if you have assets and if the market hates high debt it could be a great time to buy as you get an undervauled stock.
the selloff is due to US redemtions in funds as investors jump on the dow s+p. also a bit of shorting going on by US hedge funds as the theme is Canadas banks might be weak.
sprott is buying but is probably also dealing with redemtions and has no cash left.