On track to exceed annual dividend yield expectations (4.4% vs...

On track to exceed annual dividend yield expectations (4.4% vs 4.09% exp). Coupled with the conference call information demonstrating smooth control over costs, this is a very satisfying dividend.

We would like to see dividends remain consistent, or even slightly reduced, with surplus used to reduce debt - this would create both options should a market downturn occur, but also allow for opportunities to purchase competitors should a downturn occur.

Disclosure: We hold a very small shareholding with GEM, with a currently held 54% gain on holdings value.

Keep on trucking GEM, we love what you are doing.