GREY:SGLRF - Post by User
Comment by
seatleslimon Dec 07, 2014 11:24am
226 Views
Post# 23203958
RE:RE:RE:RE:RE:RE:RE:The question is , Is the dividend safe?
RE:RE:RE:RE:RE:RE:RE:The question is , Is the dividend safe?I'm sure where net backs end up, but oil price is down 30% for now. Are all 14kbeo/day economical presently? Also, you might be leaving out the capital requirement to achieve 14k, even if it does make sense. They need to eliminate dividend (which is probably priced in) sell assets, shrink the company and focus on their best plays. They should then sell the company. If they continue to pay a dividend (inconceivable to me), they will imperil the company.