RE:RE:RE:Q4 MDAJust ballparking 40 million to spend in the remainder of the year, assuming solid WTI.
10% NCIB is about 42 million @1.60/share. But we'll need some growth. 10 Mil on a dividend is ~4cents, yielding ~2.4%. Lots of options to consider.
Unfortunate that they felt compelled to hedge 2400bpd, not sure when that was taken on. Realistically, nerves are still very raw over the past couple of years, cautious optimism everywhere.
Ah, but to be free of the shackles of the lenders ... I know that I felt some fantastic freedom when that happened!
CandyC wrote: It was expected. We will see the SP tomorrow but I expect flat to 15%. Looks like debt free sometime in March. Then buybacks. Nothing but profits