RE: Daily Output Figures 01, 02 & 03 Feb5 Feb 2023 11:02
Vii, I asked that very question on the IQ's but it wasn't answered directly. That in itself could make one slightly suspicious, however the following was the response to the IQ about dividends.
'Both groups of major shareholders have informally expressed an interest in a high dividend policy. This becomes possible as soon as the senior debt is repaid. Assuming this sidetrack is successful and present gas prices hold around current levels all debt should easily be repaid this year which would pave the way for announcement and implementation of a realistic, but high, dividend policy.'
This, coupled with the fact that no new hedge figures have been released (must be an RNS surely), suggests that the terms are the same or very similar. I also asked whether the unpaid hedge from July/August was settled in full and that wasn't answered. I suspect not and is probably why the debt will be paid off this year target than by mid-year as previously suggested.
Sort the sidetrack this/next week and off we go.
GLA