what are lmc going to do with all this cash?, page-11

I wanted to post in response, pman... but my last post still says exactly what I think about this stock!

Management have a good record of quietly getting on with the job of doing what is best for shareholders. It isn't flashy, but they have produced an enviable stream of cash and capital growth, even if progress can appear rather erratic by modern analyst standards. When they say they are formalising a strategy to realise value for shareholders prior to end of the financial year, then I feel pretty confident they will achieve that.