RE:Some thoughts on production costsStanmore, you write very well and thank you for your regular thoughts. I would like a dividend too, but of course that needs to be balanced by the need to expand production and sales using cash flow, albeit assisted by some bank loans and options. Cutting costs is vital too I agree, and the 1p per quarter stat is quite persuasive, although I am pretty sure that the CEO will be keeping downward pressure on costs. (One good outcome of him having so many options and therefore skin in the game).
I am encouraged that the concept is getting proved up, and hopefully Q3 sales will be a big boost to confidence when they come out later in the year. Beyond growing production and sales, obviously, my longer term concerns are around security of tenure over the mineral rights in a corrupt world.