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Nevsun's 'conservative approach' bites

Nevsun Resources (CN:NSU) took a hit on the markets in February when it cut its dividend by 75% with the idea of conserving capital and funding the company’s high-potential Timok copper-gold project in Serbia.

Nevsun's 'conservative approach' bites Nevsun's 'conservative approach' bites Nevsun's 'conservative approach' bites Nevsun's 'conservative approach' bites Nevsun's 'conservative approach' bites

So it really wasn’t a surprise when investors had the same reaction last week when the company made another cut with the purpose of keeping Timok on course, this time redirecting capital from its