I'm not too sure whether it is premature or not to create a study and investment decision on Rentails.
If their ongoing mine optimisation/resource study aims to grow Renison ore reserves year on year, net of depletion, and they have 10 years of production left, why not sit on it? I think the low price of this stock is due to the market not having confidence that this stock will ever pay a dividend. Maybe they could both do, Rentails and pay a dividend? With the dividend being a first focus?
Ann: Quarterly Activities Report, page-5
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