One of the remaining executive goals for this calendar year is to restructure and refinance debt. If loan conditions govern capacity to pay dividends then CTP won't commit to declaring dividends before loan covenants allow it. Annual Report next week won't address dividends so first time dividend consideration is discussed will probably be at AGM. In absence of commitment to begin dividends this calendar year Salary Strike quickly followed by 249D lodgement is necessary.
Joint Venture partners are moving to assertively expand production, income, and maintain their existing dividends to their shareholders. HZN are doing same while repaying Macquarie loan for purchase of Mereenie interest.
Waiting fo CTP to start and maintain dividends is not acceptable.
One of the remaining executive goals for this calendar year is...
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