Special dividend24 Apr 2023 12:13
The consensus on here since yesterday's podcast seems to be that we can expect a payment of 30-40p per share for the sell off. Whether this be a sell off of an initial 40 Bcf or for Guercif as a whole, I would hope that a minimum "worst case" special dividend would be 15pps, leaving a huge float for forward investment. Then there would be annual dividends paid, maybe two or more per annum, reflecting the 10% royalties incoming. Fill in your own numbers here, but this won't be peanuts.
Then we still have huge potential value in T&T and Ireland.
Happy days ahead for the patient.