Corrections:
2 cents per share divvie would be $16.9 mil
NCM & TRY should not have read potential buyers: instead
cos that IGR could aspire to be.
By the way , at $1000/oz profit by 100K ozs gives
$100 mil profit/P/a & $17 odd mil is very affordable
as a divvie. Long term shareholders have taken the company to where it is today and they own the company and employ
management via the board to work for the shareholder.
Sometimes management thinks that it is the other way around!
It is not good form for management to suggest that a shareholder invests in Telstra simply because the shareholder asked if the company expected to pay a dividend this year.
Cheers
Moorookamick
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