DryShips Inc (fka DRYS)

[Net-Man]

Easy to forget $10 million in dividend payouts in 2017. Time to start calculating what 4Q results will look like now there is more information available. Simply reducing the $18 million loss by the $7.6 million one time payment means DRYS will need to achieve roughly $10 million in additional revenue, reduce costs, or some combination to break even this quarter. Instead of 111 days of VLGC revenues, this quarter will have some 360 days revenue contribution or about $4 million net revenue addition. With spot rates higher this quarter, can DRYS other ships close that gap? And then there is Heidmar. What contribution is that adding?