Edna May a master stroke of a genius, part of a big picture., page-8

"But think companies that commit all their profits to expansion (a future promise of higher profits) arn't as attractive to retiree's that want to see some of those profits, returned as dividend's, today (with franking credits as crucial)."

You strike me as the sort of investor that buys a property directly under the flight path of an existing airport because it was cheap then complains about the excessive noise. Mate, you seem to have answered your own question, if you want to invest in a gold stock that pays franked dividends then go for the likes of Evolution. If you want to invest in a gold stock that is in an expansion stage and so is re-investing most of its profits back into its own business then maybe have a look at Ramelius. But why invest in Ramelius, which does not have a strong history of paying dividends, and then complain that it is not more like Evolution.