RE:RE:RE:Enough Alreadynavajojoe wrote: masfortuna wrote: geezer21 wrote: Debate the issue but leave out the personality slanders.
Normally i would agree with that BUT he has no class. For there to be a debate, both parties need to support their sttaements. He has not because his statements are not accurate. I provided my info directly from GXE and yet that wasn't good enough. He has still to provide any info that indicates GXE cannot pay their dividend at these levels.
So GXE's own numbers from their presentation don't mean anything to you?
The only thing you posted was about their cash balance, and when I asked you why that balance dropped $3 million in Q3, you couldn't answer. Now that is either because you are clueless, or you know the answer will prove me right.
But the price of oil is recovering, and if it keeps rising, or the WCS discount drops, the dividend should be safe. GXE can always borrow from their cash to pay the dividend like they seem to have done in Q3, until there is the free cash flow to cover it.
Are you dumb? So oil drops and they make less money. That's a revelation to you? As I posted already, they have a net surplus. That net surplus wil decline if oil drops but it's not the samething as saying they can't afford the divy.
***Where is your proof that they can't afford a divy? You sir are a clown.