@helpmenow
You may be slightly confused, given CRN are now debt free with half billion available today, and with circa four times the cash flow then the previous 12 months. Your suggestion of the dividend to drop from the previous distribution, suggesting it will go from 10c to 9c may be ill-founded? If not, what is your suggestion of what they will do with in excess of billion dollars US when the dividends come around.
Remember: CRN lag on payments by 3-4 months. So we are still awaiting payments for January through to April that have locked in the >US$400 spot prices.
Ann: Q1 Quarterly Report, page-14
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