RE:RE:RE:RE:PTA is in the CrosshairsThats not really the calculation, but I will leave you on that.
And I dont think the capex number you have just stated is something
I would agree with, I suspect the number to be less than that by end
of 2014. but thats my opinion. What I do know, is that G & A, and servicing that debt, will
likely come in around 16 million for the year... The debt should be halved,
in the least, and that would save about 3 million a year, allowing us to
pick up a jv opp here and there (thats called opportunity cost).
Yes, I would think one of those moves you would suggest would be the
creation of a dividend yielding 8 to 10 percent per year, as that would provide
additional stability to share price, that some of us, would be quite happy about
as long term holders...Thats an easy option, as we have already gone through
a third of a year without any substantial capital expenditures on new potential
production (excluding LG 2). Financial projections would likely leave us with
even higher relative liquidity ratios. by year end. Payment of dividend might move
up the price 15 to 20 percent, and take away those potential short sellers,
as well as providing a new group of investors that would be interested in purchasing
shares in this type of model... Theres quite a few companies out there..