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Thanks for the vote of confidence. Whilst no doubt the vast...

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    Thanks for the vote of confidence. Whilst no doubt the vast majority of the retained cash flow will be retained for future growth. I believe management is of the intent to pay out some dividend 'when it is possible'. I would assume that means years.

    Having being of your view previously. I am one of the converted that (even) mining companies should pay some dividends when they can given when other aspects go against them they may not be in a position to do so. They can always have a 5% Discounted SPP when they can justify they really need one. Dividends too are a way of giving back by franking, credit for some of the tax paid. I don't need to look much further than a few weeks to see when that element was in doubt.
    Last edited by arsenic: 12/06/19
 
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