Post by
cigarbutts on Feb 11, 2019 8:32pm
THESE PEOPLE RUNNING ROXG INSULT YOUR INTELLIGENCE
Lets see.........we have all this cash building on the balance sheet........ lets see how we can intelligently allocate capital?
1)Pay down the debt.
2) Pay a dividend back to our shareholders
3) Let's buyback stock at 2.5-3 EV/EBITDA with low debt already..............
NOPE, Only in Candyland would they blow $20M CASH US plus some bonus $$$$
for aland package in ANOTHER COUNTRY, so far away from the existing mine it has ZERO synergy..................
SCREW these people..............VOTE THEM OUT ASAP.............a destruction of shareholder value..................THEY want to just keep their jobs................they do not care on BIT about making money for YOU!!!!
Comment by
Method on Feb 12, 2019 10:04am
I like this deal too. Gold investors like growth and this gives them a high ROE place to spend free cash flow. High growth and no dilution while diversifying country risk.