i wrote to company to iniated a dividend policy now to show confidence for use long term holder after our new CEO took over.
his way forward is to build growth, which in our climate is not a good approach as the new investor of this last 5-10 years is to find companies that pay dividend. Growth worth is not a stable footing, and is based on preception. it becomes easy to short the stock (and the SP become the commodiity NOT the resource)
i estimated 3 years ago a potential for 25cent return dividend. 5-10 cent conservative.
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