RE:Captain Obvioussnowshoedb wrote: Looks like you got you vague announcement. They said exactly what a vocal group wanted to hear.
The recent improvement in commodity price levels is facilitating deleveraging of the Company. Once Bonterra's debt and leverage objectives have been met, Bonterra intends to return to a sustainable growth/return of capital to shareholders strategy.
They've made no mention of the required debt metrics they're targeting before ROC that I can see.
Doesn't matter anyway, it's a pathetic performer and has been for years long before 2020 hit and needs to be sold to realize value here. Without institutional support traders can flip this back and forth all day long and they do by appearances of short reports and daily action in the market.