Ann: Activity Report Quarter Ended Dec 18 & Guidance Update, page-14

Right you are VYR.

Its a relief that we are still on track to get a divy. As investors we cannot live off air. there are kids to feed and bills to pay. 

In the past I reckon they would have frittered away our money in exploration to ensure jobs for the boys and we would have got nothing. Up to now HGO has been not enough to pass but just enough not to get the ass, at least from an investors stand point. 

By taking the divy money out it means they must be disciplined to stay in business. This discipline has been famously missing up to now.

All in all, things are not too bad