Sell at $60 per lb Expenses $25 per lb We get a dividend based on 1.25 mlb atm
What will be the dividend per AGS share per annum?
341,172,309 shares floating around.
Dividend is 12.8 cents every year for the next 20 years atleast if they can get over 100 mlbs out of the ground. And this is what the target is.
I guess if we end up with 100% of Four Mile you can times this by 4 and make the adjustments based on the token increase in the capex and the ITOCHU buy in. Better not get ahead of myself though.
Dividends will also need to be adjusted according to cpi or whatever. Inflation kicks in then even more reason to be pumped.
Buy buy buy... a Four Mile comes around once in a lifetime.
C'mon fire uppppppppppp!!!
AGS Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held