From the report:
At 30 September 2022, Image had a net cash position of A$53.2m despite significant cash outlays in Q2 for dividends (A$12.8mcash component) and corporate income tax ($11.2m) in Q2.
Strong cash flows and profitability in 1H 2022 and continuing strong commodity prices and favourable FX through Q3 and into Q4, bode well for the Company in its consideration of a dividend in 1H 2023.
With all issues company specific or otherwise, they are currently debt free and possibly pay a dividend early next year. May not be flashy but in a better position than some other miners. Seems rather cheap but there are further delay risks?
From the report:At 30 September 2022, Image had a net cash...
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