Broadford, explain your Maths, I just used a calculator:-) 35 dollar profit at 70 dollar oil (no?) 45,000 (soon to be 55,000 a year!) For 365 days a year....
Reinstatement of at least a $25 million annual dividend. A $25 million dividend is subject to shareholder approval at the Annual General Meeting ("AGM") scheduled for 18 June 2021 and is expected to be paid in full on 2 July 2021 based on a record date of 25 June 2021.
A bird in the hand is worth two in the bush my friend so no it is not the same as cash in hand. Your own hand is your own indeed theoretically it should be better but that is theoretically. The last buy-back for shareholders held onto their stairs and could only have been called a success for a shareholder their shares after the buy-back immediately and was somehow cognizant of the fact of the shares were going to collapse. However if somebody had been given cash in there and they could have watched the share for a ball back in a lower price without having to take the risk of selling their shares into a variable market. I would have thought this is obvious but clearly put up you needed to be explained.