I would be delighted with a fully franked 15cent dividend. Am expecting a little less with "special dividends" down the track.
See extract from Capital Management Plan below.
" Figure 1: Capital Management Framework
Excess cash flow above and beyond these priorities could then be allocated to further
investment to improve the Company’s operations, investment in organic and inorganic
growth and acquisitions opportunities, debt reduction and/or further returns to
shareholders.
Pilbara Minerals’ current strategy is to grow and diversify its business on the back of the
strong cashflows being generated from its operations. To achieve this strategy, the
Company will likely prioritise identified growth paths in the near-term which are expected
to deliver the greatest long-term value for shareholders, ahead of allocating capital to
special dividends, buy-backs or capital returns."
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