AGM 0.00% $1.60 australian governance & ethical index fund

well done beards, page-48

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    revised dividends. Woops I made an error in my calculations. I forgot about the massive lens of up to 14% nickel in North Avebury which will obviously be mined first, as its close to the decline. I think a 5-8c dividend for the first six months of production is easily achievable, allowing around $60m profit held back for works outlined in my previous post on this subject.
    But it will depend on how the "beards" structure the costs of these future developments.
    Whatever the dividend, the profitibility will amaze and astound most onlookers, and the SP will rocket.
 
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