RE:RE:NCIBIR will never, at any company, say anything, on any subject, that isn't already in the public domain. That's a career ending choice if they ever do. There job is to spread the good word, not to create a single sentence. As it should be. As for dividend vs NCIB , both are "stupid" and equally impossible if there is zero free cash flow. They've repeatedly made it very clear, H1 will be all about capex and H2 will generate some free cash flow. Unless pricing collapses. Should they axe the divy or axe the capex or let debt trickle up, temporarily, with the H1 heavy capex schedule? They had that debate. I don't think the other two alternatives would have had any better impact on the stock decline and possibly would have made it worse. Cmon, if they axed the divy, we'd still be here because there was still no cash for any significant NCIB. We can all do our own sort of NCIB by reinvesting the divy, but that won't move the stock either. Or worse, if they announced an axe to capex to preserve capital, we'd definitely be here if not much lower. If there is no rebound in gas prices, mgmt may very well have no choice but to axe the divy and axe the capex next. It's lonely at the bottom. It's never lonely at the top. Good luck. Time for my fishing pole. Not just for bottom fishing pipe.