RE:RE:RE:RE:Deep Basin Production - effectively 250,000 boe/d 25% LiquidUnless the company is doing so well that it can pay down it's debt AND buy back shares AND Increase the div. <br /> <br /> What's to stop vet (legally) from printing 70 million shares tomorrow and paying off their debt? <br /> <br /> Using debt to pay a dividend = bad<br /> Using debt to make a good purchase = good. <br /> <br /> You assume vet couldnt print shares to buy westbrick<br /> I assume vet chose not to. <br /> Why have that credit available if you ain't gonna use it? <br /> <br /> If they stop buying shares and pivot that cash to debt repayment they have it paid off in 7 years. Just from the buy back money.