RE:RE:RE:RE:NCIBYou are being cynical. What is different now is that the current share price is way below not only present value but especially below future prospects as hedges come off in 6 months and as drilling on existing land plus new acquisitions pick up.
Paying down debt was never a high return activity. Drilling and acquisitions are high return activities.
The use of share buybacks will enhance those high return activities !!
Do not forget , the world is desperately short of the energy production necessary to meet both present and future demand. Vermillion is very well positioned to take advantage of opportunities as they arise !!
You will be getting a bigger piece of the pie without any out of pocket costs !!
One last thought, think about the G part of ESG , I doubt very much that VET would want to lower their score by screwing up their NCIB