With respect Dizzle that's a 46 cent post, diluting my wealth. You are correct on the premise the share price is a $6, but short term wants over the compound effect of strategic capital reinvestment is IMO short sighted, given this company is still in its pull up nappy phase, I say let there be compound growth to the dividend lovers, as said, do some short term trading in the meantime.
Remember, this companies current product is considered a commodity, let it diversify its product mix and morph into a specialty chemical producer, not beholden to others to process, thus somewhat in control of its own destiny. I would prefer this company had the chance to reach $10 per share, then pay a dividend, say at 150 cents per share.
In addition, DRP's with mining companies are fraught with danger, as the share price follows the commodity price. I'd rather trade the company on the basis of the commodity price cycles, so any dividends would go straight to the bank account, and be reinvested in something that makes sense, at that time.
So I respectfully disagree with your sentiment, not yet, no divis for a few years.
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