Dividend confidence due to forward selling. I know I have banged on about this before. But I believe the fact the company forward sells its production volume is very important. 1) It gives the Company a level of certainty over forward cash flows, as it is locking in prices and volumes into the future. 2) But also, as we see today, it seems to also give them confidence around distributing returns back to shareholders. Even when they are in an aggressive growth phase.
Amazing!