RE:Another Excellent Proxy
Think the market will re rate us when the annoucement comes out that VLE is currently pumping 25,000 BPD
and expect this to increase with the infill drilling ! PS very little to NO DEBT (Jan/Feb/March)? but its coming
then we see a share price much higher. Our goal post from the recent analyst reports with targets of $4.50 and $8.25
Sean would not have mentioned Divy in the last video if he did not have full plans to do so
and him buying 100k at 1.58 is a very good sign he wants his divy to and this company is on track
he now holds 512,990 shares purchased
and 2,150,000 options from .25 - 1.58
Thats 2,662,990 Sean Guest controls so if he issued a x .02 cents a month divy or .24 cents per year ?
or .03 cents a month .36 cents per year ?
.03 is 80,000 per month for Sean and his shares in Divy being almost a million a year in cash
.02 divy = cost to the company of about 1.8 million a month .03 would be 2.7 million a month
they can afford that from FCF in about 60 days from now
That Sounds very good to me
Nosspack can they afford that much ? based on your numbers
I for one Sure hopes he does !
Sean buying shares higher than the current price bodes well for the stock
Fun times ahead either way
PS
BG's divy would be 15,000,000 shares x .03 per month = 5,400,000 per year or 450,000 per month
Thats how you get the big boys to forgive you !!!
Return the share price to where they bought in and pay them cash for their long wait