MEL - PLAN DELIVERY, page-5

  1. 4,914 Posts.
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    Great post OG.
    As usual an outstanding contribution to this forum.
    However I found the Milestone Scorecard too fine print for me to read on my browser .
    I doubt if a dividend payment by mid 2023 is possible though.

    I think that dividends or a capital returns could be possible but a lot further in the future .
    I think that funding further exploration and development and loan repayments would use up production cash flow for years after production started .
    I personally would not like to see dividends without attached tax credits .

    Building a strong Balance Sheet that removed the spectra of dilutive credit raises would be very value accretive for share holders in the medium term .

 
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