GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.
The cash cost of this first interim dividend is expected to be £8.4 million. We expect that, subject to shareholder approval, the final dividend for the 2021 full year will be not less than 1.0 pence per share, giving a total dividend of not less than 1.5 pence for 2021.
Subject to trading conditions and continued sustained cash generation, the Group intends to adopt a progressive dividend policy that targets a payout ratio of 40 per cent of underlying earnings per share over time.
“ and, in addition, the Group has a portfolio of PPP assets, no pensions liabilities and no debt or associated covenants. “ with full year profit before tax expected to be towards the upper end of the analysts' current range. The range of analysts' estimates for profit before tax for the year ending 30 June 2021 is £9.0m to £11.2m
5th May - Q1 2021 average production of 8,856 boepd, outperforming expectations
2 July. - Q2 2021. Production in the second quarter averaged 9,142 boepd, which included the impact of routine facility maintenance on third-party facilities. Production since the start-up of the Noel well on June 17 has averaged 9,353 boepd.
Good production results and at a higher oil price
As at 31 March 2021, gross cash balances totalled £8.0m (FY20: £4.8m) and the Group is now debt free following the successful early retirement of convertible loan notes totalling £5.0m that was announced on 4 and 16 February 2021.
Where does the OTC market in the US get its shares? With the UK market closed they presumably cant get shares from UK holders. So is there a supply problem in the US that is causing the rise in the price? When the UK market opens will shares flow to the US and bring the price down again?
Elections should be good for IDOX however when I ask our local authority if used IDOX said that used to use them but stopped as they had serious problems and changed to a new supplier. Still used IDOX for planning etc. Elections should be an important earner - need to get their act together.