RE: GGG6 Apr 2022 13:35
The virtual disappearance of 2 major contributors here is puzzling. Ok Tony did post on Monday, but given the outstanding news would have expected more? Maybe GGG is unwell?Further considering the oustanding results and listening to Majid and particularly Graham, it is odds on a review of shareholder distributions ( remember Graham holds a formidable numbers of shares) is not fare away. Whether a distribution is by way of a one off Special Dividend alongside the monthly guaranteed remains to be seen. Further use of the almost windfall profits, can be used, proportionately, to increase additional well development, which ultimately feeds back to PI's, and distribution to Shareholders.
On one hand we are enjoying the riches that have been generated by a variety of factors, but we do need to be mindful of what goes up inevitably comes down, it is striking the equilibrium that matters to LTH's
AIMO. GLA