I would say the intention would be to be dividend paying, but I would expect that to be quite a few years away.
They have got to start producing first, then I would expect to have reduced debt substantially, and also to have made further investments in exploration and development as they really are starting with quite short mine life reserves yet we know they can extent them, certainly at Cassini.
Perhaps three years, perhaps 5 years, imho.
EL
MCR Price at posting:
$1.03 Sentiment: Hold Disclosure: Held
