"A $26 million dollar profit with 260 million shares on issue will give that 10 cent dividend by my calculation and that, in my opinion, is achievable. "
Roh,
Do you mean to say that, if all after tax and all other expenditures), CDU will pay all of it to the shareholders without keeping any of that money for future exploration.??
I know that you are always referring to conjectures but, IMO this would have to be the biggest one that I have ever read/heard of before.
Can you supply proofs that what you are saying is correct, or is it just another example of that famous countdown that never got off the ground. After all, twelve months have gone by since that prediction and countdown started from you, and we still haven't reached that stage as yet.
As for you continuing to make references and comparing other companies to CDU, well Roh, may I remind you that we are not talking about other companies here in the CDU threads, and we should keep it strictly to that.
Just leave other companies out of the equation when it is CDU that we are talking about. Just ask RNF about it. Especially when previous comparisons made between SFR and CDU were forbidden and constantly TOU'd and subsequently moderated, for being off topic.
It appears to me that, one law for us, and one law for the others, is alive and well within these threads.
Finally you wrote:
"Most of the other companies in the oil and mining sector have no prospects of paying dividends.",/I>
What makes you so sure that what you are saying is correct and not another one of those targets that have never being met in the past.
Conjectures mate. Nothing more and nothing less. PERIOD!!
Just supply me with proofs that that is going to be the case. Even a properly released announcement to that extent, would do to start with.
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