Lightstream Resources Ltd. LSTMF

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Banks likely to force cutbacks in capital spending year-emd

[tcelling]

OK, I'ma say this one more time. You don't understand the REASON for an unsustainable dividend. It is not yield, it is cash flow/profitability. I did not say the divi would not be cut. In fact, it IS at risk. The reason it is at risk, however, is not due to the yield. This is not an opinion, it is fact. It is at risk because of declining cash flow in a $70 WTI environment. If cash flow remained at $600M/year or, better yet, imagine cash flow doubled, or tripled to $1,800M/year, would the divi be at risk? No, regardless of yield.

My example was hypothetical. The argument is about the CAUSE of divi cuts, not whether LTS would cut its divi. It happens to be the case that declining cash flow typically is associated with a declining shareprice and thus....wait for it... an increasing yield! You are confusing association and causation which prompted these posts. You were previously arguing about your understanding of dividends. You then asked for proof as to your lack of understanding and proceeded to berate everyone else as if we were the one's needing an education, simultaneously claiming you didn't say what you had just said. Hopefully this clears things up.