Friday, June 28, 2019 11:20:11 AM
"Given this strategic prioritization, the lower vanadium price environment, anticipated working capital requirements for its new sales and trading business, repayment of the remaining outstanding Senior Secured Notes, and the previously disclosed remeasurements resulting from the terms of the Company's current off-take agreement, the Company has adopted the conservative strategy of not returning capital to shareholders at this time. "
I have no problem with Mark's conservative approach.
The company is debt free. They are the only stock I hold that is. At some point I do, however, expect to be rewarded with either a higher share price or dividends.
Recent LGO News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/03/2024 09:20:34 PM
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- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/08/2023 10:05:10 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/06/2023 10:05:06 PM
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