RE:Augataag ;The basis for dividends is set out in Report namely:
Announced in December that the Company is committing to pay a minimum of £11.827 million in dividends during the course of 2022 (3.5x all dividends paid during 2021), equating to 1.05 pence per share or a 10.2% yield on the date of announcement, with forecasted year end "2022 Unencumbered Cash" of US$66 million which could support additional shareholder distributions or share buybacks, M&A, and supplemental development activity.