The problem is that Roseby should have been in production in 2017. If Glencore hadn't stuffed up the situation with Xstrata.
EPS all looks rosy until you take into account the one for ten undervalued AOH shares to get it. So that's a dilution that you don't shake off too easily. Some of us have been waiting 7 years for this fiasco to finally unfold.
Now we have to wait another six years for mountinous CMMC debt to be paid off before we get dividends? What the heck is this? A reverse time machine that shrinks your equity?
I'm not feeling the love towards the Canadians. We've been shafted. Plus they've got our $30mil. Snap!
From time to time they come in and tell us the beatings will continue until morale improves!
Here's an article about Tier One class mines with some examples of them being sold for a song.