VEN 0.00% 1.1¢ vintage energy ltd

Ann: Operations update, page-10

  1. 423 Posts.
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    Better having debt than issued more shares.
    first cash flow can pay debt, no tax required at 40%.
    once cash flows, securing 20mill debt is a walk in the park.
    more shares mean more mouths feeding, lowering PE for everyone.

 
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