My assumption/hope would be that until the 2nd operation (A/C?) is up and running, they should plough all spare revenue into debt retirement, and capitol for Mine #2. Then, and only then, look to sweeten the shareholder's lot. Start with divvies representing 25% of available profit for Y1 of a 2 mine operation, and as debt is retired, notch that up to 50%. By the time Muchea is having its first shipment, let us be debt free, and dividend rich. But I don't expect that before 2030 - 2035.
VRX Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held
