Yeah I'm not a fan of a dividend at this stage. Need to hit guidance, control costs, continue to pay down the hedges, progress MCPs approvals, yield some results from their exploration program, and advise the market on their debt management strategy. Then they need to make a decision on MCPs that stacks up or if it doesn't mothball, sell, and or acquire a distressed junior.
Then think about dividends....
Easy enough, no?
Gold price still above 2630 AUD ffs, page-13
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$1.65 |
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