AGM 0.00% $1.60 australian governance & ethical index fund

re: revised dividends. You guys dont get it do you. Read my...

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    re: revised dividends. You guys dont get it do you. Read my lips. The profits from Avebury mine once its up and running will be much greater than the immediate need for capital reserve, exploration and development. The options are to accumulate a large sum of money and put it in the bank and keep on adding to it, or to pay shareholders a dividend.
    What is the objective of any publicly held company? Increase shareholder wealth. You dont achieve this by putting money in the bank.
 
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