CTP DIVIDEND POLICY, page-2

If Dukas is a goer than the SP will naturally rise on the forecast reserves being added, and thereafter be more fully priced if a takeover offer comes. We can only hope this is the future in the coming 2-3 months.

However if Dukas disappoints, or initial drilling isn't enough to excite the market, I think it may be prudent for the coming Annual Report to start outlining the company's Dividend Policy, with an initial dividend (no matter how small) announced for payout in FY20, and a conservative pathway to incremental increases thereafter. Failing a takeover offer, this is the only way I can see the SP better reflecting our current & future revenue.