RE:RE:RE:RE:RE:RE:NSU downsideDavis already addressed the issue of the dividend in the conference call of the Timok merger. He didn't say so directly but used other terms, something like "enhancing shareholders returns" is the main goal.
I expect that the divident will be reduced within the next 9 months and the money redirected more efficiently. Heck who would complain when the stock rises one dollar or two, replacing a dividend of 16 cents? The reduced dividend would pay for the exploration funding for Timok and still leave the new NSU balance sheet strength intact or even growing.
That is the key. Financial strength, Mining experience, Mining operating team, one great operanding mine with growing reserves and Timok that someone else said will be the largest European copper mine
All Aboard the new NSU Bull Express
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