RE:RE:One is better than two you will have@jdn55
I would like to remind you that the Nampala permit still has more than 7 years of mineral resources to exploit and that we are awaiting the results of a new resource calculation which will take into account all the drilling carried out since August 1; Robex generates an average of $ 19,500,000 in free cash flow per quarter; Robex can provide all the guarantees necessary to access bank loans; Robex will continue exploration this year on its other permits with the aim of ensuring the growth of its operations for the coming years, ...
Considering that the Nampala operation is now stabilized, very efficient, and that sustainability is ensured by a continuous drilling program. Considering that the development of other Robex permits could take up to 3 years, I still say that the integration of the Kobada permit into Robex's assets is timely. This is an opportunity for RBX and it is an opportunity for AGG. Hence my expression of the perfect marriage because both would benefit from it.
Don't try to establish a balance of power between RBX and AGG, that's ridiculous. In one case, it is an opportunity for growth, while in the other, it is the opportunity to end the bleeding from dilution of equities. If you persist and AGG finally achieves its transformation to exploitation, but through a means other than the scenario I have identified, it is very likely that someone else will take the vast majority of the profits. The sooner you understand, the sooner you will stop impoverishing yourself.
Well, you seem to believe that it is not possible to grow while paying dividends. Robex generated the equivalent of $ 80,000,000 last year and paid out around $ 30,000,000 in dividends. As a result, there is money left over and the quality of its balance sheet allows it to borrow at competitive interest rates.