Yes I think that I may have been quite conservative on the cash pile. The capital raise presentation indicated $140m after paying off debt, Kiaka acquisition, Taurus. We await the cash flow statement but looking quite good.
Not sure on the dividend just yet - they will want to accumulate the cash to fund Kiaka first you’d think. Would seem counterintuitive to raise and then issue a dividend so soon as well. I’m happy to trust their capital allocation skills at the moment given how exceptionally they built and are now operating their first mine.
Closest to the pin, page-16
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