Mining man...agree there has to be reality in Investment thinking...However it is almost as if your hoping one of your scenario's will occur.
I think as per Mngt performance thus far...+/- a little...Mngt will start;
(a) share buy backi;
(b) dividends;
(c) both (a) and (b).
NB:...as I see it the more likely is the begin of long over due run up in Gold. Late this year early...sometime nexy 2020 late.
Great Great Hunting
Mike