GREY:TBTEF - Post by User
Comment by
kylerollwagenon Sep 17, 2015 7:11pm
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Post# 24114120
RE:RE:debt/cashflow 1.5x based on q2 annualized
RE:RE:debt/cashflow 1.5x based on q2 annualizedof course I expect WTI at 60-65 in 2016 but just saying even if was 50, they can fund same capx as in 2015 and pay current dividend so buying here at $0.33 is a very safe play as 10% yield is almost assured and so get paid 10% while one waits for recovery, and when oil hits 60-65, stock price should be around $0.6-$0.8 for over 100% capital gain!