DeepPockets,

I believe that Ernesto wants around $900 million to $1.1 billion CAD for our interest in the Schaft Creek Joint Venture. 

The next couple of years of work at the other projects need only a small fraction of that influx of cash, maybe a couple of million per project per year. 

Ernesto was quick to pull out the vast majority of the last (and only) cash influx the company had, i.e. 2013's $20-million 'JV signing bonus' was the basis for an 11 cent (iirc) dividend.  With an anticipated influx of cash of nearly 50 times that bonus I don't see Ernesto changing his stripes with regard to dividend payout ratios especially after a decade's wait. 

JMHO