Hi McK and thank you,
generally, explorers raise capital
producers pay dividends,
and the CEO and BOD are compensated accordingly,
shareholders pay or get paid respectively,
trading is their choice individually to exercise,
a CEO and BOD that does communicate to the shareholders
the policy and outlook of a capital raise or dividend
do not deserve to lead, and ultimately get the shareholder
base that they deserve, with a very short focus and volatility,
this is the current state os RRL,
and now with machine front running,
the Ordinary Shareholder is roasted from every direction,
look at the math,
we are cash generators, $160 - 180 million a year POST HEDGING,
the calamity that the CEO and BOD allowed over 5 years,
- CEO presentations throughout 2023,
and not to mention - ‘we can defer the forward sale, roll them forward’
- $200 million dollar hit, and 0 dividends,
McPhillamys/ tree planting $20-25 million a year,
- $0.03 cent dividend is less than this…
and now we are building cash, and the debt facility,
for what purpose,
with every announcement we go into free fall.
Expand
(20min delay)