And the wild card of hitting another Morila-esque lode!
With the beauty of being cashflow positive vs a junior explorer, so can keep drilling without having to worry about cap raise after cap raise.
RSG's last dividend was for 3.3% of it's gold revenues.
Back of envelope calcs here and still huge potential upside, but once at steady state production, we should be able to easily pay out a dividend equal to or greater than this, as this would equate to only ~10% of our NPAT:
And the wild card of hitting another Morila-esque lode! With the...
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