From my memory the directors when they took over had said their preference was to pay dividends, hence the Haileys East dividend of $0.0025, because many long term holders from as far back as the IPO had been burnt by the previous management of the company. I'm happy either way but dividends are always great if the profits cannot be used in a meaningful way to generate more revenue and profit.
Ann: Jaurdi Gold Production up a Further 20% on Previous Month, page-40
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