pro's con's & conjecture, page-4

Agree.

revolving credit facility is simply an option that allows further decisions to be made without the pressure of the big end of town negatively impacting/forcing such decisions.

decisions such as DSO / offtake negotiations (up front payments?) long term refinancing, misc project decisions that influence timing of cash flows (in and out) can now be made without certain pressures that negatively effect shareholders (who are lower on the food chain then debt holders).

Cash flows need to occur first,

only then can we assess potential dividends v equity increases.

I'd suggest we'll see a small div first with gradual ramping up off dividends per most capital intensive mining ops.

For all we know CDU are currently working on nameplate capacity increases from unreleased reserve data, this is one example of a multitude of other variables that impact dividend timing.

At this time I'd prefer to see discussion around
-JORC rework , along with continued project milestone updates / DSO offtake agreements to get cash flow positive.