Post by
soundandfury on Nov 12, 2021 10:02am
Well seeing how those aquisitions was a non cash purchase
Then theoretically sgy could take all fcf from those 5500 bopd and use that to pay shareholders their dividend...........$40 million annual dividend from the fcf from the non cash aquisitions might go a long way to change my thinking on sgy........theoretically the company prior to the aquisition should not be affected by this.......imo
Comment by
ppp on Nov 12, 2021 10:12am
I am betting thats what they have in mind. If oil prices are still at these prices for H2 22 ,40 mil a year shouldn't be a problem