i agree, that short term we need to develop West L and Galoc...

i agree, that short term we need to develop West L and Galoc north.

But, following that, a split div policy.

More importantly, the market needs to be advised of that, better before we even get into WL and GN
which will change the psychology of the endless explorer, and give the shares support.

if we said 40m was spent on exploration? and said lets use half that on development only.
And as either West L or Galoc North come on line, we might have 60-80m to split up. (2 cash cows)

So what is half of 80m? 40m/2b shares = 2c

So thats our cash cows, 2c for us, and 2c for developing the next cash cow.

West L
Galoc North
Yakal? Tindalo? Was good enough for Viking to consider re-entry. (or sell these off for additional capital)

Its not good enough to spend it all, and end up with nothing for shareholders.