GREY:PGDIF - Post by User
Post by
oiltaron Mar 17, 2017 10:56am
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Post# 25993285
DDC has the fire power to fund Chidliak
DDC has the fire power to fund ChidliakOut of it cash flow.Its 2018 cash flow was estimated to be $770 million .It is now goig to exceed that by $200 million.DDC could fully fund Chidliak with no need for bank finicing.
I asked DDC if they were going to raise the dividend,the reply was "we are keeping a large amount of captial to fund future projects"
Now we know PGD is in talks with producers.DDC is one of them: