Shame you missed it. It would have been nice to have more...

Shame you missed it. It would have been nice to have more questions since they only came from one person.
I was driving while listening and missed the start. It was reasonably short, sharp and optimistic.

Followed the FY23 results presentation closely.

They did talk about quality of customers. Growth capital program was at the perfect time benefitting from the govt's instant write off benefits. No tax required to be paid until FY25.

Question was asked about dividend plans going forward an utilisation of new drill rigs.
They confirmed plan is to pay up to 75% of after tax profits. They will decide amount based on companies performance at the time.
The 12 new LF160's are fully utilised for the rest of the year.

I think the maintenance capital was forecast at $15M.
Growth capital will only be spent if a profitable opportunity arises.

Performance will be linked to weather. It was mentioned profit usually skewed towards second half of year.

Very happy to start collecting these dividends and look forward to watching them grow.

BTW- I saw you hold BRK- have research and recently entered.