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Bullboard - Stock Discussion Forum Seven Generations Energy Ltd. class A common shares T.VII

"Seven Generations Energy Ltd is an independent energy company focused on the acquisition, development, and optimization of high-quality, tight rock, natural gas resource plays. The company employs long-reach and horizontal drilling to produce resources of natural gas, condensate, and natural gas liquids. In addition to drilling operations, Seven Generations owns several gathering lines and... see more

TSX:VII - Post Discussion

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Post by MyHoneyPot on Feb 18, 2021 8:23pm

150 Debt Paydown

Getting the Arc dividend, the coupany would dividend out a whopping 19 million dollars. They would of still paid down 130 million in debt.

Next quater they would pay down likely 200 million in debt and pay out another 19 million dollars in dividend. 

So why does vii generation need ARC.

They don't a really bad deal for share holders.

IMHO
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