We live in hope I believe PRC stated in an early release that they planned to have a dividend policy. Pikes prospectus pre construction was based on a 1,000,000 tonne per annum mine with coal price of $100/tonne US and costs estimated at $70/tonnes The current coking coal price achieved for their production is $300/ tonne US. PRC have no debt and being a single mine operation with a 20 year life one could hope for a 65% dividend return here. NZO with 30% of PRC would be looking at an annual divi of around 50m add in the oil and gas another 50m - and presto.
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Last
35.0¢ |
Change
-0.010(2.78%) |
Mkt cap ! $78.38M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 37.5¢ | 35.0¢ | $39.79K | 110.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14787 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 13513 | 1 |
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| Last trade - 15.52pm 19/09/2025 (20 minute delay) ? |
| ECH (ASX) Chart |