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clock Created with Sketch. 27/01/22
18:57
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Originally posted by edshann:
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The quarterly spells out the capital improvement projects underway, including Area 5 ($60 million), thermal upgrade and rentials study (tailings treatment) which is over $100 million in spending. Plenty of options to use the cash flow on to reduce costs and expand production at low risk.
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I'll second this. Rentails (and the other improvement works) would be a much better use of the FCF than returning it to shareholders.
(20min delay)