the next step - dividends, page-3

Virgil. Need to stablise before paying any divis. They should not have paid the unfranked 5c divy in Sept 08. That would have been 160m in the bank. Mind you the way Michelmoron was spending with no clue, he would have blown that as well, so i suppose better in s/holders hands than Mr Michelmoron.
Hopefully with new CEO, he will have a better clue with the balance sheet and commodity prices, which the previous CEO did not.
OZ should let s/holders know what their plans/strategy are going forward for the company.
I think they should focus on growing PH, and maybe have a look at a JV, so it's not just a 1 mine company.