Fair question Janti. Could it be that there is some temptation out there for an acquisition ? After years of dismissing the notion bluntly, is there a wavering of the one Project only agenda for which a warchest might be handy ?
From the Chairman's Closing Summary of the Annual Report :
"Further, expansion when it comes will be predominately organic, taking advantage of our already defined considerable global resource inventory… however as mentioned earlier, life is full of surprises. We are constantly aware of various “opportunities” to improve shareholder value, but unless overwhelmingly beneficial to the Company and welcomed by our shareholders, the Company does not intend to grow by acquisition for the sake of it, burning shareholders dividends in the process."
Apologies Roh for the speculation.........
Cheers - Surfydad
CDU Price at posting:
$2.01 Sentiment: Hold Disclosure: Held