RE:As expected here is the payment to shareholdersI expected a nickle... they could pay a dime... but hopefully at least this gets some eyes on this stock... simply so cheap and it is a world class asset... going to 20K of oil per day June to June time frame... 20K would be a 50% increase over last 12 months... if oil goes up this becomes stinkin' cheap... but a great oil area, run by Beach Energy, who are excelllent and they are spending there... a big part of their plan.. grow that cheap oil from the western flank!...
a GOR at no cost, no expiry... and Beach would buy the GOR back in a second.. but our ceo has great gig here.. big pay, little work... lol... so this 6 cents is a step up... and as next years bigger oil flow comes in... more cash for next year... or to entice a bid from Beach... maybe a hostile one...