RE:RE:RE:Reorg updates and suspension of dividendSomething must be cooking, because the dividend costs less than $3 million a year, and they currently have what, about $45 million in cash, plus another $1million from the nitrogen assets, plus the interest on the cash, plus the cashflow from the rig currently operating.
Not really sure that they need to "conserve cash", unless they have something in mind. Even with a $38 million capital return, they would still have $8 million in cash for PNG.