RE:RE:RE:RE:RE:RE:Couple of questions.that $30 mil is not large when they are making over usd $100 mil free cash per year. they have plenty of cash to do both raise dividend and buy back shares at the same time.
that 1% dividend is only paying out less than cdn $4 mil cash. they can easily double and triple that dividend and the payout would still be a small % of their free cash.
menoalittle wrote: don't recall the exact amount, but they'll need to set aside about $30 million to call what'll remain of the gold notes next April. So, doubt there will be much aside from (hoefully) a small dividend increase (a minimal cost, but starts a trend rolling) and more share buyback (yeah.... more buyback. undoubtedly the best use of additional cash over and above the funds needed to retire the gold notes at this point...)