I think company is better using money to grow the company... acquisition of higher grade deposit, this can hopefully get the attention of other investors.
Currently producing at 215kt this quarter is roughly 860kt PA. As the company stated using low grade ore..
Change the low grade ore to higher grade... we should be able to start producing 40-50k oz
Once the company able to achieve 40-50k oz PA, larger dividends can be paid as our production has increased.
Great quarter by the company... ticking boxes.. waiting for market to wake up..
DYOR
Ann: Jaurdi Gold Project December Quarter Production Update, page-9
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