RE:RE:RE:RE:RE:RE:Heavy Banana - BTE needs to actually deliver ztransforms173 wrote: JohnnyDoe - (10/8/2024 10:57:34 AM) RE:RE:RE:RE:Heavy Banana - BTE needs to actually deliver
really? So why hasn't debt decreased then ?
so they tell us they are going to put 50 % of FCF to debt. 4 quarters after the ranger acquisition they have touched the debt. What's the issue? Why hasn't the debt decreased "plenty"
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- I have ALREADY ANSWERED these questions
- READ my posts after the Q1 and Q2/2024 results were RELEASED
- you YOURSELF can GET these ANSWERS if you ANALIZE the FINANCIAL STATEMENTS
- the BIGGEST items were HEAVY CAPEX, F/X MOVEMENTS and the REFINANCEMENT of the NOTES ($ 55 million)
- you PROTEST and COMPLAIN but do NOT DO the HEAVY LIFTING of UNDERSTANDING the company
- you do KNOW that oil and gas EQUITIES are a RISKY BUSINESS
- the DECLINE in BTE share price since the RANGER OIL acquisition MEANS NOTHING IF you DON'T SELL
z173
i am well aware of the financial statements and I have directly discussed them with BTE
the difference between us is you are presenting the explanations of the poor results, I am presenting the results, IDGAF about the explanations.
and the concern that i have is we are going to see more explanations. Heavy Banada is talking abut how well set up we are for Q4....you are posting in a thread I CREATED entiteld BTE NEEDS TO DELIVER. and they do. they need to deliver FCF and a meaningful debt reduction.
and if you had read MY posts, you'd know I've bought this up before and called these explanations kicking the can down the road.
oh...and FYI....I can CAPITALIZE TOO :)