Long Run Explor Ltd Ord WFREF

The Sprott Factor

[qwqw]

Sprott still owns 12% of LRE and paid $100 mil for the privilege (current value $65 mil).
Sprott has influenced LRE's decisions over the years including the mergers and paying a div.
It was Sprott's idea for the div and cutting it would not be in Sprott's interest.
Sprott's investments have been mediocre at best and badly needs a home run.LRE being sold
off would do the trick.The div will likely remain intact until the sale.

[99999gold]

the last time I check sprott doesn't control the underlying commodity price, if they can influence the compnany to pay a dividend they can also influence it to cancel rather than dilute - which will likely happen anyways. Look/read the balance sheet and forget about everything else.

[ppp]

What about the balance sheet? you talking their debt. 2 times CF. Sure it is a little high. I would like to see it at 1.5 times.  But you have to look at more than their debt. Look at price per flowing, look at the price of the reserves, look at the land and where its at.. look at the infistructure. Based on those metrics this is one of the cheapest mid size producers in this space. This

[99999gold]

ok you win....

[tsoprano1]

OUTLOOK Long Run is focused on providing long-term value to shareholders through a sustainable dividend model. Controlled exploitation of our core assets and strategic acquisitions form the basis of our goal of funding both net capital expenditures and dividends from funds flow from operations. Throughout the commodity price cycle, we remain committed to protecting our dividend through active