re: prediction! 1 - 2c div sabre yeah 1 - 2c div isnt unrealistic once full rpoduction kicks in
i woudl say we will have a pretty clear picture later this year but if they pay say 2c for a full year after production starts up you would have to think the share price would be around 40c with the yield then 5%
if the market doesnt want to fully rate the company it could trade on a 6% - 7% yield which would see the share price at 29c - 33c, imho
after another year of earnings they could no longer discount the stock though and the way managers seem to work it could then get a premium as a junior producer and trade below 5% yield which could see the share price in the high 40c range
do your own homework though, this is all just an opinion and plenty can happen between now and late this year early next year.i have BMX in the bottom draw and just want management to stay focussed on the end game now
BMX
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