Future prospects.https://business.financialpost.com/2012/05/30/longford-energy-to-drop-special-dividend-pursue-new-opportunities/
There are exceptional opportunities to pursue with the potential of creating significant value for shareholders, over and above what shareholders could expect to receive from a return of capital,” the company said. Longford expects to identify a “significant asset” over the next few months.
Seems that although current shareholders may be upset about the dividend the short term opportunity for pps appreciation will out perform the "return in capital"