I've changed my mind, page-2

yeah i think it might be 0.4 to 0.5
I see the approach & it is conservative, they only want to buy good value assets, otherwise they stick to organic growth (at the moment thats kind of sideways.. but thats ok.. you cant expect every prospect to strike gold)

I think its a good approach because we arent setting ourselves up for an almighty hammering if gold corrects significantly.
If an oportunity arises to acquire assets at the right price, they will do a combination of CR & cutting back divvy at the time. Or if TE shows promise, they can hoarde some capital for that and maybe not even need a CR to go to profduction at all.

We are probably the safest speccie you could ever find, you get your money back in divvies over the course of the mine even if they dont find another ounce in 6 or 7 years.

I think this quarter coming is likely to provide the last period of really cheap buy in. when people really get frustrated with stagnation in SP & in PoG .. thats the time to buy IMO.