"Further on I hope they won't burn Posse's earnings in their Borborema project."
The beauty of cash flow from Posse means that Crusader will be able to use this for working capital/Posse Stage 2 and not call on shareholders for funds. It also underpins the ability to raise debt funding for the Borborema project.
So this self-sufficiency will mean their will be no need for dilutive fund raising.
Although shareholders may hope for a dividend from Posse cash flow in the medium term once the 1mtpa Stage 2 ramp up is consolidated, I would prefer every cent is reinvested into further exploration and other initiatives that foster capital growth.
CAS Price at posting:
26.5¢ Sentiment: LT Buy Disclosure: Held