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Dekeloil director hints at future dividend plans

DekelOil (LON:DKL) director Lincoln Moore says the company could start paying a dividend later this year, depending on debt refinancing progress and operational cash flow levels.

Last week the firm hailed an ‘excellent’ first full year of production for its Ayenouan palm oil plant in Côte d'Ivoire.

Output was 35,770 tonnes of crude palm oil, a year on year increase of 151%; sales were up 156%.

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