Please read the CMF again.
Pilbara Minerals’ Capital Management Framework, which has been adopted by its Board of
Directors, is set out in Figure 1 below. As with any capital management and dividend policy,
it is subject to prevailing market conditions at the appropriate time.
The point to note is prevailing market conditions. So, dividends are on the back burner while they prioritise growth initiatives over dividends.
How is it a negative to shorten minelife? Obviously you are an expert in mining economics and we all look forward to you providing the detailed financials to backup your statements and view of what shareholders want. Better still, provide your study which you think trumps the PLS study.
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