copper price, page-25

In my opinion this company continues to be very slow in progressing any new ideas or developments. In particular in forward planning, such as Govt approvals (underground mining, exploration & drilling approvals) and in organising and commencing drilling. Many other companies seem to be able to do several things at once and push forward with potential future developments and company (and SH) growth at the same time as they mine what they’ve got.
As a consequence, any growth and possible future potential in this company will again, imo, be slow. Unfortunately.
Regarding rewarding SH and divs, including any special div, the timing seems to be getting further away. The CEO of another company I own said a couple of months ago that it is important to build up cash reserves before starting to pay out divs, since there is nothing worse for a company than starting and then being unable to continue to pay divs.
I just wish that the company would get a move on and push forward a lot more rapidly with underground and new area drilling. It can’t be that difficult to do 3 or 4 things at once, and I’m sure that the contractors are also keen to know more about life of projects, company, and potential, so as not to worry with a couple of weeks in final debt repayments.