That's all well and good saying that @Joelstar, but weren't you the one that sold out here for a loss just because of what you thought of a presentation made by the CFO back in April? And then buying back in since then hasn't yielded a return (and sure, that's an assumption on my part). But yet, they still have the same CFO, etc
I get the theory of never falling in love with a stock, but if you thought you were investing in a well run, solid business, and expecting to stay for the long term and perhaps leave a solid, cash making stock holding for your kids, achieving dividend status in 12 years is a reasonable expectation.
The caveat to that is finding a Boda/Kaiser tier 1 ore body that has taken FCF off the table for the best part of 6 years! And notwithstanding any of those comments, I don't subscribe to mgmt being negligent or sub-std, as some do, they've just gone about it in a conservative way that isn't everyone's cup of tea. But the coy is, and will continue to be, hamstrung by having a single, private owner with approx 28% holding.
But for the record, I'm still not losing sleep over the SP, keep buying it when I can, and expect things to change dramatically when oz produced exceed or equal 100K or when they announce a JV partner for Boda.
Everyone's entitled to their opinion - even those that have many....
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44.0¢ |
Change
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Mkt cap ! $255.4M |
Open | High | Low | Value | Volume |
43.0¢ | 44.3¢ | 42.0¢ | $192.1K | 447.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 48802 | 43.5¢ |
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Price($) | Vol. | No. |
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44.5¢ | 41089 | 13 |
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2 | 3384 | 0.440 |
7 | 34713 | 0.435 |
7 | 25137 | 0.430 |
9 | 38898 | 0.425 |
10 | 85120 | 0.420 |
Price($) | Vol. | No. |
---|---|---|
0.445 | 37153 | 9 |
0.450 | 279491 | 5 |
0.455 | 51737 | 5 |
0.460 | 29649 | 3 |
0.465 | 26250 | 2 |
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