Galaxy did not pay a dividend, but indicated it was starting to think about shareholder returns after clearing its debt and building a $US45.1 million cash pile on the back of profitable production at its Mt Cattlin mine.
Mr Tse said that combination of transactions should enable the company to fund the $US474 million construction of Sal De Vida and potentially reward shareholders
"That financial position we have in the balance sheet will be very much significantly boosted by the end of the year and that is something the management and board is very actively considering in terms of what is the most appropriate capital management initiative that we should be considering in light of that significant cash situation by the end of the year," he said, when asked about the prospect of a special dividend.
"So that is something we are actively looking at."
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