Post by
timber92 on Aug 05, 2020 3:04pm
Debt Repayment
I like that they are utilizing this time of very high prices to pay off debt. Using the extra cash flow for such things is definitely a good thing long term.
Comment by
losertoo on Aug 05, 2020 6:09pm
They should repay more using that covid19 fund.
Comment by
pg1961 on Aug 05, 2020 6:32pm
Small Dividend woiuld be nice too.
Comment by
timber92 on Aug 06, 2020 10:28am
Oh true! Even a one time divvy could be cool. Either that or fund more exploration more aggressively. These are nice problems (options) to have though! :)
Comment by
pg1961 on Aug 06, 2020 1:05pm
Based on the original numbers and the difference in the price of gold means VG has an extra $40M per quarter at their disposal. A $0.10/share would olny cost them 6.3M.