RE:Cardinal Energy Ltd. Announces Closing of AcquisitionWhat is not to like with the new presentation ? Do you think these small minded corporte management type read these boards ? Thanks for including the great job your management team did in generating 1.5 BILLION DOLLARS IN TAX LOSS ! That was pennies on the dollar with the last two terrible terms of financing ! Won't be paying to much tax in the future and I guess that is a positive !
Now, going forward. Why no dividends till 2022. You got yours and shareholders got zipola. How about you guys get off your a$$ and make a business plan to reinstate the dividend and post it in the presentation. What am I paying you guys for anyways. Do you need some advise on how to run a dividend paying model company, No hedge present in 2022 so what are your plans on layering in some hedges and what percentage of production to steady future cash flow and secure a dividend going forward. Can't believe only 3% of shareholder voted against manangement compensation !
P.S. Start layering in some hedge starting in August will you and read the above for the 3rd quater financials.
Still long and strong waiting for 2 quarter financials.