Ann: AMI - Quarterly Activities Report - December 2018, page-23

They'll spend a fair amount fixing the Peak mill circuits then doing all the work preparing Great Cobar and Nymagee...that'll be spread over a year or two which we could pay for as we go...but keeping the cash at the moment suits me. It's only a year or so since we repaid Glencore in excess of $100 million, and Investec $45 million plus paid for Peak ($58 mil USD). But we raised $70 odd million...so that was capital...Maybe once we are ticking along at 200,000t/quarter throughput at Peak it would be the time to make a Capital repayment but even 5c a share amounts to $40 mil. There hasn't been any indication of a dividend..maybe that's a question for the AGM. More likely is the purchasing of more dirt. Again a question for the AGM. My thinking is we have an awful lot going on at the moment so that's enough to deal with, and we have substantial improvements underway.