Investors should firmly understand that all of the current $300mil sitting in the bank account is 100% reserved for the underground development at Savage River - there will be no buy-backs or anymore 10c special dividends - investors are kidding themselves if they think otherwise.
Attached is their announcement from 23Dec21 - please see the last chart on pg12 for how this money will be spent in each of the first five years.
12/01/09 (asx.com.au)
Ann: Appendix 4D - Half Year Ending 30 June 2022, page-67
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Last
24.0¢ |
Change
0.010(4.35%) |
Mkt cap ! $277.7M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 25.0¢ | 23.3¢ | $361.8K | 1.510M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 4511 | 1 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |