Post by
Skylar1 on Sep 17, 2021 9:55am
Interview with CEO with Peters & Co on website
A few days ago ,Phil states at $4.50 AECO 75 MIL , at $5.00 AECO 100 MILLION per year cash flow. The strip for AECO this winter is over $5.00 . Will we see higher AECO for extended time only the weather gods know for sure.
Comment by
blackdog on Sep 17, 2021 12:49pm
Well worth watching; has answers to the questions continually asked here. https://www.pinecliffenergy.com/investor-relations/overview/media Slide 9 tells me that even at AECO CA$4 we might be very surprised at the size of the dividend; and at the stock valuation that would flow from that. If any of the more aggressive projections come to pass, well...
Comment by
bandit69 on Sep 17, 2021 11:07pm
Thanks for that video. It was good. Agreed it is pretty clear a divi is coming. As I mentioned a .10 annual dividend isn't unreasonable as it's only about 33MM. They may even exceed that. Not only do shareholders want that return but I am quite sure insiders will enjoy it too after the long journey to get to this point. Looking good.