anyone putting a number on a stock in 18mths is just guessing,...

anyone putting a number on a stock in 18mths is just guessing, even the experts, but you can be certain IF offtakes and funding come in it will be a much bigger number than today once end product is getting put on ships and as some of today’s posts show and indeed demonstrate the spread of what people think. 

dividends will be at the mercy of operational needs and wants balanced with rewarding share holders. Assuming debit is payed in the 2 years as would be possible then dividend are certainly possible. The BUT is in how management want to “best” use the cash. With the other projects afoot and possibly the coal moving into the picture in the future money could go to all manner of useful purposes. It also depends on your view on is it better to pay no dividend and use the profits to advance the underlying stock SP growth or dish out all the profit so I can have a party.
Reality will fall somewhere in between but it’s anyones guess which way the seesaw will pivot or even if debit will consume all profit over the first few years.
They could be using profit to substantially pay back debit and use some to advance the other projects drilling programs to see what comes of them and drill a few more holes around Lindi held ground to get known numbers on reserves. It’s all guesswork of course but I don’t see a div for 2-5 years with an in increasing SP over that time.

Then again if Lindi is truly ring fenced as they say once Lindi funding is at hand and construction has started then a capital raise to advance the other projects would not be out of the question leaving Lindi as a stand alone SP base line valuation foundation stone and the other projects either fizzing out of adding to the Lindi base line.

soooo many ways this could play out.

as always just rambling away.