I'd highly doubt there'll be any dividend for a while yet. They'll want to pay off the 160m and build up enough cash to bring Neon/Goia online in 2025/26 (can't imagine that'll be cheap). Ceo has also flagged further interest to buy more assets in the area. Given their relative small size for an oil producer, some added diversity of production sources will help. Bauna/Patola aren't long life fields, so they'll need new production fairly soon.
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- Ann: December 2021 Quarterly Report and Appendix 5B
Ann: December 2021 Quarterly Report and Appendix 5B, page-19
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