Business as usual - bit boring which is good.....
But they are looking at acquiring assets which is scary as the prices have to be at the top of the market. But the fact that they keep saying no to opportunities is a positive - bit of discipline in acquisitions is pleasing.
Another quarter will probably improve cash by circa USD250m which will mean close to USD500m of free cash. If no acquisitions probably likely to be distributed to shareholders......
GLTAH, DYOR, NFA,
Best
BSP
Ann: Q1 2023 Quarterly Activities Report, page-5
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