The other side to this rather one-sided debate are shareholders themselves, its incumbent on them to a least read and take on board what has been said and actually think about it instead of venting. Nothing uglier than a lynch mob fueled by a few individuals that haven't got what they want. What we have just seen is excessively hyped up expectations not met, yet the clues were always there.
it's patently obvious they are building cash for SD just by reading updates . We have more than enough cash now to go underground so that only leaves SD .
The wording around SD has also changed and the're doing a FS on a smaller project so I'm at complete loss to understand why the obvious has to be spelt out by management when its already there if actually read and given an even a modest amount of thought to , they don't build up cash just to piss shareholders off by giving a modest divident ( although still a 100% increase on the previous H1).
The only thing we don't know is if the FS stacks up and they won't know themselves at this stage so can't confirm for obvious reasons , but they will have a very good idea or they wouldn't be considering again it in the first place. Its always been a bridge to far but at least can now be considered on a more modest scale.
Its one thing to be disappointed because things didn't go ones way but sometimes things are done with the bigger picture in mind and that at least needs to be considered, its not often a windfall of cash arrives in the bank and its good to see them at least consider future growth.
Cheers Whisky
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