Hi Tanzania, as far as we last heard everyone is still waiting on the PSA terms, after which they can get on with issuing licences to all those waiting...
RE: Tick up due...not that you would know8 Apr 2020 10:39
Could be opposite but I think trrimes point is more valid, it dropped huge amounts on very little volume and is now (finally) recovering some in the same fashion.
They have benefited from the business rate holiday but have had to adapt and increase manpower to deal with a new consumer delivery model & with thin margins that will probably in the short term off set any sales revenue increase. Now would be a good time to reward shareholders in the same way and along with further rewarding employees.
Feels like it AA. What is the status of the board and G&A status? Where are they in their published strategy and has it changed in the short term due to market conditions? Where are they in the sale of the main $20million asset? What is the status of the money owed for gas and the $6.7 million owed to the JV partners ref the "scheduled meeting with the Gov?" Not expecting anything on Helium-1 other than when market conditions for an IPO improve.
Thanks Nelly, the divi is certainly hanging in the balance, sales numbers look like they will be around 20% up on last year at least. Have to wait for the RNS tomorrow for the final divi decision it seems.
Assuming they are in fact well and not infected with CV19, you have to ask, what is it they are doing, are they 100% employed? An update on G&A cost minimisation would be the minimum we should see right now?
Certainly a possibility that has been discussed here before, many companies are cancelling div's. depends on the forecast numbers I suppose. Either way I expect a cracking Q-1 sales update.