OH DEAR.
186m Cash and you want to spend it on McPhillamy's that requires $1.2B for a lot of gold at grade 1g per T.
Could go backwards for the first few years.
I don't have a wage am a self-funded retiree approaching 70.
Return money back to shareholders and do another Capital raise when Share price is higher.
Tropicana was well supported and has turned out pretty good for shareholders.
Don't use Shareholders cash.
I would be happy with a 1c Div ff.
Ann: Quarterly Activities Report, page-14
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