Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Tomorrow will be a big R.I.P day for the old loser traders like mrc mrc mrc mrc mrc mrc mrc mrc mrc mrc mrc mrc mrc, Neil Hannon, ammu and gkb47.
Amjad delivers the news just in time as oil rebounds to 82 dollars. Wow this will fly tomorrow.
Krakenoil,
You are the next on the R.I.P list and will miss the coming rally in Enquest once the GE deal is ours. The last one on the list was mrc mrc mrc mrc mrc mrc mrc mrc mrc mrc mrc mrc mrc mrc mrc mrc mrc mrc mrc who failed to buy at 1 SEK and is shareless. LOL
We are continuing with the open offer as an agreed part of the financing structure for the acquisition of Golden Eagle and are working with the financial regulator to prepare the prospectus for the equity raise and we remain on track to complete the transaction around the end of the 3rd quarter, as previously guided.
With regard to dividends, debt reduction is our near-term priority. We are conscious of some shareholders desire for a dividend but want to ensure anything we did do in this area in the future would be sustainable. When appropriate, dividends would therefore be part of our wider capital allocation decision making process, but at present, it is too early to provide any further details.
Kind regards,
Jon