RE: RNS - Assets11 Nov 2019 16:42
Nah I think it’s a stand-alone Monchetundra sale with one off dividend payment.
But you’re right, using profits from WK, Monchetundra sale and anything left could be divided amongst the shares and EUA could be completely bought out by NN/BD. But it makes sense to keep west Kytlim since it gives some revenue, they have worked hard on making it 100% profitable and expanding it to churn more money each year.
And if platinum prices rise (according to some charts apparently looking to be bullish) then we have another cash cow for the BOD/ shareholders.
Also allowing us for further licences and flipping/mining