china and gold , page-50

"if rowingboats suggestion of a potential divvy of @ 5-8 cents is even close ,this is a no-brainer !"

5-8 cent dividend would be $25-40m per year in payments, and a dividend yield of 11.5% to 18.4% on the current share price.

I just can not see it happening for a 160k ounce pa producer with 500m shares and the need to fund a heap of development and exploration work at Mt Monger when the POG is around AUD1400 and real AISC are close to AUD1200 (not counting depreciation.

What happened to rowingboat? Has he sold all his goldies and waiting to buy back at the bottom of the market in June/July? He has not posted in weeks. Perhaps he is on holidays or just has had enough of Hotcopper. Good luck to him whatever he has decided. He provided a saner viewpoint than many posters.

Back to SLR and all goldies - looks like the next slide is on. I will be surprised if USD1179 holds on this trip down the slippery slide.

SLR below 40 cents is pretty much baked into the cake.

loki