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Long Run Explor Ltd Ord WFREF

Energy Oil & Gas E&P
"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."


GREY:WFREF - Post by User

Long Run Explor Ltd Ord > Change strategy!
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Comment by kdunn1027on Nov 20, 2014 1:45pm
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Post# 23148735

RE:Change strategy!

RE:Change strategy!I have to agree. While cashflow could sustain the dividend the co. is carrying to much debt.
Would improve the picture if at least 50% of the dividend was used to pay down debt to a more manageable level
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