Very unlikely to pay a dividend in my opinion. They will have...

Very unlikely to pay a dividend in my opinion.

They will have $60m+ of cash on balance sheet by the end of the FY.

Construction costs for Rentails were estimated to be $205m back when they did the initial feasibility studies, of which MLX would have to fund half ($102.5m). So they'll likely be retaining the next couple years of cashflow to fund this. Unless the price of tin does something crazy over the next 6-9 months... USD$50k price of tin would see us have $150m+ cash in bank which would be more than enough to fully fund rentails + a div