RE:Debt repaymentbossu wrote: Debt at December 31 was $ 499 M and at March 31 $ $ 409M for a reduction of $ 90 M
Target debt reduction for 2022 according to Q1t financial report 175 M to $ 195 was announced !
Whit the increase selling price in the Q2 it will be interesting to see the number
allocated to tg the debat reduction but we may see a $ 175 M debt reduction in the Q2 bringing a ''0''debt by the end of the year or sooner.
We may expect a dividend increase by the Q1 2023
So better pay debt and take care of the shareholders later on or 6 months from now.
Looks promising. The only thing that could put a wrench in the plan is a recession in which ng and oil prices collapse. Once debt is paid off then sleeps will be very restful.