Would be nice to see a plan like this in the MLX quarterly to be released on Monday.
AFM also sold tin @26000 in the Dec quarter
Capital allocationAlphamin’s vision is to become one of the world’s largest sustainable tin producers. From a capital allocation perspective, the Board considers the combination of investment in growth, ongoing exploration, and a high dividend yield a robust value proposition. The funding of the Mpama South expansion project, shareholder distributions and DRC income tax payments were a priority during the year ended December 2023. The allocation of capital in FY2024 will be prioritised towards completion of the Mpama South project in Q1 2024, significantly lower DRC income taxes on the basis of large advance provisional payments made during FY2023 and ongoing shareholder distributions. As previously reported, the Company intends to make a final FY2023 dividend decision in April 2024 to align with the timing of holding the annual general meeting of Alphamin Bisie Mining SA (ABM), the Company’s DRC subsidiary, to approve ABM’s annual financial statements and consideration of the declaration of a dividend for distribution to the Company and other minority shareholders.
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Would be nice to see a plan like this in the MLX quarterly to be...
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