How Big will Distribution be

Hi Folks
I thought hat we could start a thread on how big distribution will be. Listening to the webinar ( a few times) it is absolutely clear the focus is well and truly on returning funds to shareholders not only now but going forward. They even mention growth acquisitions will only be considered if they can enhance share holder distributions.

So here are my rough numbers - i think they will try and utilise most of the liquid cash that will be available end of August

So we had net 42.8 m USD end of June
9,9 m USD early July
20m July and August production

Remembering that in Sept cash will be replenished not only by Sept production but also Maari lifting of Circa 10m USD plus 10-12 m from prod , so with any capital management announced with results in late august likely to occur in Sept or even Oct, they will be in a position if they choose to Distb the available end of August cash

72.7m USD minus 20 m USD for 8E costs owing and exploration and development drilling leaves 52m USD for distb or 74 m AUD or equiv of 4.6c per share. They could buy back 450m shares at 16c

whatever form the capital management takes its likely to be very material. With cash flow of over 100m AUD projected this FY there is no reason not to be generous. 4.6 c plus 7c of cash flow over 12 months at a price of 14c !!!!!!.