Ann: FY2022 Production and Cost Guidance, page-4

Appreciate your back of the envelope figures, groundhog.

On that basis, with around 210 million shares, cash flow should be approx 14 cps. Further, they have about 34 cps in cash.

Scrat: if (and it's a big if) they declare a div of 5c twice a year, they do appear cheap on a yield basis alone.

At 80c we're looking potentially of a yield of over 10% and a P/E of 5.