WR1 General Discussion, page-5665

At the end of the day, the weighing machine that the market ultimately becomes derives its pound of flesh from one thing.

EARNINGS PER SHARE. => Dividend yield.

On that journey, essential betting requires view to probability to deliver.

Now,
Low dilution exploration runway (6m shares eg. could fetch us $50m is leveraged cash)
+ Low capex via DSO, or DMS 6% concentrate. = less financing cost, or capital issued to finance.
+ Low opex (shallow, low strip, high grade, DSO / DMS , cheap power, close to infrastructure)
= Low shares on issue at point of EPS delivered to you with high profit margins
= Mega SP on PE or dividend multiple.

Plus, the path of least resistance to developer. Minimal road blocks. Fantastic jurisdiction pro green agenda.

= best in class to deliver on your dinner plate, actual dividends at the max rate for a tight register. Not imaginary ones, with fatal flaws.