Any guess when a consistent profit could lead to a dividend?
I agree with your call for a much higher SP vs dividends.
There could be a scenario where TON would sell a stake in Nicanda Hill and return some to shareholders in a one off dividend. This may(?) be a good thing to do, to compensate for the time we spent in VA, (while other companies were forging ahead). Some shareholders would buy back, on market or via future CR's.
Hopefully TON will organize guaranteed financing as part of any partial sale at Nicanda Hill, when it happens in the next couple of years.
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