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Ann: Baragatan-1A Update, page-42

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  1. 852 Posts.
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    I agree that shareholders need to be considered.

    What also needs to be considered is that whether WL is fully debt funded and whether anything further developments can be debt funded . We should expect debt to take up to 1-2 years to pay off and then not to mention natural field decline by then.

    I would expect a 2-3 % div yield, which equates to 0.1C per share currently so that it leaves money in the kitty for future dev, wells and potential acquisitions. Can the company afford 2M?

    If dividends are to be paid then how many franking credits does the company have, can it be fully or partially franked.
 
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