asf, pretty sure it will be about 24-25 ff dividend, and about 5 cents capital return. I don't think you you've missed anything. Once the vote gets up and with the press coverage EXS will be getting from roadshow going forward, I would think we should be closer to 80 then 60 by the time we go ex div.
We do not need IVA's support and they really don't have a say. The total $100mill will be mostly ff dividend and small component capital return. No reason not to be a buy and hold investor in this company imo.
EXS want to keep a decent chunk of cash so they get the drills going flat out on the rest of their great land, and still have plenty left over to develop what they find in quick time.
EXS Price at posting:
62.5¢ Sentiment: Buy Disclosure: Held