RE: Sale of BNG deeps26 Feb 2025 18:03
Good evening SOMM, indeed, the special dividend may be a lot higher than 0.5p/£0.005 previously touted, fully agree with you there, I think you were being a tad measly with your $23m for Galaz, I made it $28.54m ................ Galaz field:- Sold for $100m, Of million disclosed the $100 approximately $50.4 million relates to the equity of Galaz & Co LLP, in which Roxi has a 34.22 percent interest ($17.24m) and approximately $49.6 million relates to the assumption of shareholder loans owed by Galaz & Co LLP, of which approximately $11.3 million is owed to Roxi. In aggregate the share of the $100 million disclosed attributable to Roxi is expected to be some $28 million. ($17.24m+$11.3m)