Ann: Dividend Policy, page-49

I love these fundamental plays.
Very little downside. Debt risk is quasi non-existent now as it has massively deleveraged over the last few years and it's in the first quartile off the cost curve.

Good growth prospects and already very undervalued on current metrics.

I expect a pretty quiet 2023, so for me it's just a matter of getting a small yield from dividends while waiting patiently for a price boom to get the capital growth, same as GRR.

Short of a black swan, I don't see much that can go wrong here for whoever is ready to wait a couple years.