RE: dividend1 May 2018 15:38
It does seem a bit like the board suddenly lost its bottle ,we could have drilled two further wells maybe in the same shale layer a true zipper frack . Weren't we on the cusp of getting 70% after royalties on these two wells as suggested by the charts on previous presentation HNR share 57% rising to 70% after partners made their money. WH &P 500bpd X $66 X28days X 0.8 X 0.7 = $517K pm, we now get $55K pm. So what happened to the 13% from 57 to 70% on these two wells ?