expecting a divi of.., page-3

coincidentally I've been thinking about the dividend today... working out my cash flow. They paid a 5c dividend last September... so I think it would be higher than that given their two big capital investments are done... Chatree plant expansion is in the optimisation phase and development along several levels ahead of production is now achieved at Challenger. So they've now got more free cash to hand back to shareholders. They may also want to pay down some of that $170m debt before they start development in Chile?? My guess is 10c dividend, Yodi. I'm quite excited about the company's prospects moving forward (albeit with lower expectations for Chatree production of 35-40k oz per Qtr versus 50koz KCN were implying in their presentations last year). In particular I'm looking forward to the resource/reserve update in Chile and the FS to follow in the June quarter... we need some hard numbers for the market to get excited about that project.