Reasonably30 Jan 2019 08:18
dissappointing operational performance. I think the divi should be postponed until 2020 (or make it 0.5p or so) so we can make the investment required to bring operational performance in line with what the BOD expect. Brownfield is a must complete to accelerate cashflows during this period of high V prices. No doubt the MMs will try and pummel the share price back to the low 30's but we are still worth 50p minimum fair value today. Still hoping for £1 later this year but i feel the recent difficulties are going to make the journey to 10,000 mtv longer to reach. Maybe the BE side of the business can make up for the issues on the mining side. Great EBITDA though!