With the benefit of hindsight suppose it makes sense that the company stepped back from buyback, given that they had implied that the last two quarterlies weren't going to be fabulous whilst they positioned themselves for growth. Time to start again now that the 'hopefully' good news will start to flow re increased resources/reserves, higher output, sensible acquisitions (no mergers at the current sp, please!) and Africa getting closer to take-off
That said, I'm sticking with my change of heart on buybacks and would prefer divis.
UML Price at posting:
11.0¢ Sentiment: None Disclosure: Held