RE:RE:RE:RE:RE:RE:RE: Vermilion Energy: A Cash Flow Machine Even In 2020shenty46 wrote
This management knows how things work, they will only announce dividend and a very modest one when they feel comfortable. Their first priority is not to break any covenants, and to reduce debt. With the premium prices they are getting in Europe and Australia, soon it will reclaim its lost glory. Holding 20000 of this gem of a company.
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"This management knows how things work."
I believe that most of them are part of the same "Management" who payed out a huge dividend for many years that is a good part of the reason that this company is in the shape its in today.
Hopefully they have learned their lesson.