RE:RE:RE:I better get back in VETthe $44.31 cash cost imcludes the ~ $375,000,000 of capex expected.
CashGreenGold wrote: My ***HOPE*** IS THEY start with 5 cents/month until a full reinstatenent in 2022. Their cash cost is ~ 44.31 a bbl.
On ~ 86,000 annually, they could be at ~ $1.232 billion FFO & $857,000,000 FCF annualized. A 5 cent starter payout would put them at a 4.4% div payout.....JUST OFF A STARTER DIV!
If they paid out ALL FCF as a div, you'd be looking at a $7.61 payout /share, and a 56.7% div rate.
I shouldn't have to point out the implications of that level of FCF. That's at friday's close. The undervaluationn here is enormous
Oldnagger wrote: Suncor jumped from 28.22 to,32.55 (15%) since announcing the dividend increase. Thst will be hard to ignore by VET management !!