What new project ?, page-24

I agree with rocket that slashing the divi is unlikely, but it is possible.
A slash of the divi is likely to set the SP tumbling further.
The big disappointment for me were these 'hidden' costs embedded in the report that have set the scene for a big overall loss. The market does NOT like surprises on the negative side. It's a poor result, despite trying to do everything right.
The shining light actually is the outlook, which a couple of years ago was the opposite.. As long as nickel prices stop heading south, the future plans look good. It may well be a good time to buy in over the cming weeks to months.