RE:Re re interest Fish
james2001 wrote: Fish is a royalty company and expected to pay a royalty.Mako is a junior which most of the time proves a resource in order to sell to a larger entity.This company has a very unique property with extremely low aisc and able to have free cash flow in year 1 after debt repayment and covering costs of an extensive drilling program.Show me a comparable to this unique junior in that every ounce can be trucked to mine site regardless of where found on property without blowing out aisc.A junior paying out a dividend in year one of production may turn some heads and give a bit more traction for the share price value.
it might but that's just a different choice of signal. They can try the buyback first since the return on buys around here have an immediate return of over 100% and then pay a dividend later when it will be bigger with less shares outstanding.