Ann: Diggers & Dealers Conference 2022 Presentation, page-25

Thanks for sharing.

While I heard about the Christmas present in the conf call, it just was not the same as watching him talk about the Christmas present and seeing that big fat smile and the body language. It said it all really.

The share price can really do what it wants right now, but one thing seems to be radiating is that around end of December (Aussie Xmas) or early January (Orthodox Christmas) Santa is going to be making a visit with one mega big Santa sack. That visit is a capital management plan and that should change the ball game completely. Due to the franking credits issue, I believe round one will be buyback and then round two will be a dividend.

The last question said it all. You have $300mil for expansion capital and what will you do with the other $500 (not even taking into consideration the cash flow coming in the next 6 months).

If that capital management plan comes into effect, share price won't be hovering around $2.80.

Action now, leads to a very merry Xmas indeed. January seems historically to be a good month too. DYOR research everyone!