Ann: March 2023 Quarterly Activities Report, page-73

If they did not pay a dividend - and are not spending capital to increase production by 50% - the mood on this board maybe alot different here tonight.

Simply because that cash plus figure for the quarter, would be QUOTED as near to $900m
(- well maybe better no dividend or growing production......of course not).

$900m for three months verse enterprise value of $8 billion -wow might be the sentiment. But its not $900m - because of dividends and capital spend. This quarter ALONE alone would justify the present market cap, given their cash position.

But another point has to be made .... - I am very surprised at usually respected posters tonight, just shooting from the hip  - creating a self-fulfilling fate for the share price open in the morning. (Why "my" such disappointment and surprise,  because $900m verse that EV $8B, thats why ?)

Listen to the call in the morning and I think retail investors will be surprised at a company very happy with the result .....and even positive vibes from broker enquiries during the call.

There is no reason for selling at the open - but your views have gone about establishing just that. Suggesting retail investor sellers early,  will be kicking themselves with morning share price weakness - but a positive SP close, come end of the day. On the back of pure, outstanding company fundaments. ie the SP is very cheap.