RE:Holding Back production to buy sharesYour suggestion takes care of employees, contractors and management but does not consider the owners (me). Buying back shares when the price is low, like this, is the best way to go. When the share price is reasonable, production increases can be considered.
Shaleguy wrote: Might be a good strategy. But it holds back the other 90 percent. Better to grow fcf and get a bump of at least 5 times. Simply put saving a dollar on the share but back saves about 75 million in total where as a twenty five cent bump in fcf per share should translate into a bump of a buck twenty five per share or around 800 million dollars in share value.This is how Mike Rose or Jim Ridell would look at it.