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Importantly for me is the commitment to monthly updates. It has to be if they are going to declare a divi each month. Plus news on drills and possible barge sale/rent. All positive. Additionally, the family are now budgeting on receiving this income through their recently set up tax vehicle. Only going one way.
As Coffee has been saying for years, this is what the family planned all along. They now have a clear line of sight to be able to pay these dividends and in a tax efficient way. Glad to have kept the faith.........Sore****!
Open Offer deadline I think per my broker is today? Results 8th November, then trading in the shares soon after. Wondering how many will sell new 95p shares on news. At current prices then these OO shares are well in profit. I'm guessing the pi numbers will be relatively small and won't move the market far. II's though carry a greater weight of the equity. Really tricky decisions as we approach all these dates. Update on safety you would think would come quickly, as it's market sensitive info. Could be RNS tomorrow to put the cat amongst the proverbial. Exciting times indeed.