I have just listened to this interview by Alan Kohler - cost me...

I have just listened to this interview by Alan Kohler - cost me $1 to join The Constant Investor (to read a recent interview about BRN), but I found this very interesting, and reassuring, and don't think that it has been posted here before. Dated 17 July. Copper price up, I think, since then but haven't checked. Anticipated cash of about17-18cps by mid 2020. And that many key investors want a cash return with a cash payout. And that our company has a load of franking credits. SP at that time 8cents. Talks about a possible cash payout to investors (fully franked??) of say 50% of cash, so about 8cps, and then depending upon future progress, on copper price, and on any mine life extension, etc., remaining as a profitable low cost copper mine, with a SP relating to PE. But a good investment between then and 2020 just on cash realised basis, with no future mine speculation.

https://theconstantinvestor.com/top_stock/mitch-taylor/hillgrove-resources/