Dividends in 2021? In response to PLE1968 regarding dividends in 2021,
Considering that we start the year 2021 with an ounce of gold which trades at $ 400 more than the same date last year;
Considering the exceptional prospects for the increase in the value of gold in 2021;
Considering that the installation of the new discharge line will make it possible to obtain an increase in annual processing capacity in tonnage of about 10%, perhaps even more;
Considering the installation of a cone crusher which will have the effect of optimizing the efficiency of the supply chain and possibly even the recovery rate;
Considering that we will obtain a free cash flow of approximately $ 79,000,000 in 2020 and more in 2021;
Considering that despite the $ 36,000,000 paid as a dividend in 2020, cash will be 3 times higher on December 31, 2020 than on the same date in 2019;
Considering that Robex has perfectly adequate financial results to easily finance a major investment with a bank loan;
I consider the payment of dividends in 2021 to be obvious ...