I think this is a possible if not probable position by the end of 2025. Of course you need to believe what DP says and I am very sceptical of the guy. I think the BB last year was designed to give top holders an out as buying when that wasn't happening was very lacklustre.
If DP was serious about a BB he'd know exactly how much cash was required to drill, when flows were going to occur and know how much extra he had now to buy shares at 1c. $5m now cleans up a serious part of the register and I for one will be annoyed if they finish the upcoming drilling with a $10m+ balance in the bank throughout the year while paying only lip service to the BB.
Ann: Completion of Initial Share Buy-Back, page-14
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