Why not give back to shareholders now?, page-17

X, You have pretty much answered your own question.

IMO we are pretty much there in terms of passing yield. The two things we are missing is Mine life and Institutional support.

We need is to prove up all those possible resources and then prove we can keep a rolling couple of years of proven reserves ahead of us.

The share price will rise and we will be readmitted to the S and P indices and the institutions will be covenant bound to get on the register. That buying pressure is what will finish the job and entice us to follow the second golden rule "sell when Instos are buying"

The PHES is hanging off the side as a turbo charger.