Good question. If profits continue along the present line then a Dividend is needed to ramp up the attraction of GDP and is the best PR they can use. Once the value rise then funds may become interested?
I would suggest a nominal cost and then a share of the profits? No one knows a yet how this process will actually work. Perhaps they should talk to Goldplat about the best process for extraction?
Had a quick gander and a lot to take in. It seems we are in a consolidatory period? Quite a lot going on and as a consequence profits down a tad apart from Ghana which finally appears to be a useful and expanding operation in a much friendlier tax regime? Currency always a worry? I will hold on for the future and hope that we can declare a dividend at some point this year?
This is good news but the delays and use of management time is a tad frustrating. Everything moves a bit slowly with GDP but the bottom line is looking good.
I assume that many will use the Divi to buy back some more shares to keep the valuation of their holding much the same as before?. If the SP has dropped then you will be able to get a few extra. No big deal?