The cynic in me wonders if the share price spike the day before...

The cynic in me wonders if the share price spike the day before the webinar was done to take some heat off the CEO. Hope not.
IF, they can sell the asset in Chili these funds could be used to start a buy back, could they not? For my money the less shares we have on the register and the more we can buy below 1.50 would be the smart way to go. Let's say we get 60M AUD as a low ball price for it ( assuming it will be more than this) use 30m for buy back 20M to retire debt and 10m for a special divi.
FCF, Nil debt, a TAFTA settlement at some piont. In 12 months time , $3 a share paying 20c dividend. 24 months Thai IPO $2 special dividend
Sounds like we will have to settle with Zurich but only from TAFTA outcome which is fine.
Plenty of upside by way of
better grade
updated mine life (don't see 20yrs plus as unreasonable)
exploration of all the new areas
share price $5 to 8 dividends of 40c for the next 10 years
That will do me, keep buyimg as many as i can.