not sure if anybody else caught this in the weekend paper?
Punt pays off as Aurora rides the Texas shale boom
Paul Garvey From: The Australian January 28, 2013 12:00AM
http://www.theaustralian.com.au/business/mining-energy/punt-pays-off-as-aurora-rides-the-texas-shale-boom/story-e6frg9df-1226563055652
of interest was the talk of possible dividends beginning this year..
"But the prospect of dividends is becoming more and more real, and Stewart says there's no reason "technically" why dividends couldn't start this calendar year.
"To date we haven't sought to pay a dividend because we've been in that sharp growth phase with significant capex spend and we're creating more value for our shareholders by spending it on that growth rather than returning it to them," he says.
"As we move into next year and start generating that cashflow, that'll certainly be on the horizon."
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article in the weekend australian & dividends
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