To me, dividends aren’t the answer; cash in the bank and multiple cash-generating long-term projects are, the share price will rise, and then when established, put out dividends, and the share price will go up further.
The below was released to the market on 31/08/2023 - FY23 Appendix 4E and Annual Financial Report. The other image is from the 2023 Annual Report to Shareholders, released on 27/10/2023. If these Mining Rights started to get approved, it would assist the company and share price, and that could happen at any time.....or not happen. Unfortunately, the constant uncertainty isn't helping the share price or the company.
TER, page-369
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