RE:RE:RE:RE:RE:RE:RE:RE:RE:Last Conference Call Transcript
Yes I clearly stated Peyto was disbursing more than their means in dividends instead of keeping some powder dry by reducing it by $10m every quarter.
But you have interpreted my words and concluded:
..."So, MY main quibble is with your idea that Peyto couldn't and can't afford the quarterly dividend in any amount over the past 15 years.
Btw, I'm not angry, just tired of repeating two three times a sentence.
You are turning my words into something else and use it as a source for your reasoning.
Reducing dividends from $50m to $40m per quarter to keep dry powder does not mean eliminating it completely but reducing it by $10m. Your " main quibble is with your [my] idea that Peyto couldn't and can't afford the quarterly dividend in any amount over the past 15 years" is pure fiction. I'm not even sure it fits the missinterpretation category.
I guess I will take a break for now...
Have a nice day!
Kirk out.
N.B.: No offend taken from my part, anyway.