re: Ann: Queensland Thermal Coal Project EPC ... I was joking with a mate of mine the other day that Phase One production at NSL would produce net cash flow profits of $9.6m pa. This is the profits they will be making on an annualised basis from Sept this year.
On a 50% payout ratio, they could pay a 1.4cps dividend which would put the company on a forward yield of 23.7%....rotfl
Ann: Queensland Thermal Coal Project EPC 2198 Gra, page-9
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