RE: Pelle16 May 2021 11:28
Good morning Romaron,
To summarise I didn’t get anything out of the questions. For me it was hard and painful listening and understanding when he avoided the questions.
Maybe someone else here can interpret answers better then me.
He started read my introduction in mail, that I been shareholder for 5-6 year and the amount of share.
This was not my intention he should read out for all.
Just to state I am serious LTH.
He said it’s very good questions.
1. Timeline for divi?
A, when time is right and they will pay down debt fast now.
2. Why ask shareholders for 50m when FCF equal 50m/ month.
A, he said FCF estimate was bit side. And it’s part of the deal etc. He will take up his part.
3. How they will create shareholder value over next years.
A, Think he referred to the new fields bought and GE having 100m net value at 50 oil etc.
I think some of the English guys here can fill in if I missed something