I appreciate your personal opinion on why IGR ought not pay...

I appreciate your personal opinion on why IGR ought not pay dividends but
the facts are:

(a) IGR has not tracked the POG nor does the current SP reflect forward earnings

(b) Weekly sp swings indicate that it is a trading stock and not an investment
stock.

In Aus significant superannuation is owned by the grey brigade who want
dividends to live off without depleting stock value. These buy and hold
shareholders add stability to sp and without them IGR is likely to be volatile
and subject to whimsical sentiment.

For IGR to join the ranks of core superannuation fund portfolios it will have
to convince the market that it is investment grade and paying a divvie is
key to this aspirational status. It is also evidence that management is working for the shareholder . Sure, mine life is important but there according
to recent company anns, it looks like 7 years mine life will be achieved
long before a divvie is paid
If mine life is shored-up to 7 years+ by July would you then advocate a divvie?


There is little benefit in IGR joining the ASX 200 if it does not behave accordingly and, for the ASX200, that means normally paying a divvie

Cheers
Moorookamick