GBG 0.00% 2.9¢ gindalbie metals ltd

bear market... where does gbg stand, page-3

  1. 897 Posts.
    CPG, without the pie in the sky numbers how would you know that you would ever be able to get a dividend in the first place?

    Doubtful whether GBG will pay much of a dividend within the timespan I was referring to. Much of their earnings will be going back into development expenditure to ramp up production.

    Look at it this way too, in 5 years time, would you rather see little money for production increases and the share price at $5.00 with a 35c dividend - or, have production ramping up rapidly, the shareprice at $10.00 and no dividend?

    Good dividends should be affordable in time, but not at the expense of rapid production ramp up.
 
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