Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Long Run Explor Ltd Ord WFREF

"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

Post by VentureCapital3on Dec 01, 2014 7:48pm
261 Views
Post# 23183585

dividend

dividendI think it could be a good idea to link the dividend with the WTI (I don't consider the gas price since most of the cash flow are from oil and it's better to keep it simple). Let say on the long run, long run think the WTI will be on average at 90$, so when for a month the average price of the WTI is 90$, LRE pays is 0,035$ dividend. When lower they reduce it and maybe it should be 0 under 70$ or 75$. When the WTI is over 90$, they increase de dividend. Just a suggestion to avoid the current situation.
<< Previous
Bullboard Posts
Next >>