I agree that dividends are important. There are many variables that will go towards profitability. The first one is the gold price. Secondly will be the fruits of the Tigerway decline. In terms of ounces mined vs AISC. The Tigerway decline should make the mining far more efficient. The ounces mined and ASIC I believe will all change over time. Gold doesn't sit on the surface. The company has already flagged resources at depth and with the decline will be able to extend the mine at depth. You haven't answered the question of whether any other company in the Philippines has implemented the decline technology and whether x64 has the intellectual property and knowhow of developing such a mine in the Philippines. X64 has vast tenements in the Philippines in an apparent well endowed Gold precinct. DYOR
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I agree that dividends are important. There are many variables...
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