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9.0¢ neometals ltd

Ann: Mt Marion Maiden Profit Distribution, page-15

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sackcloth

63 Posts.

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30/10/18

22:44

Post #: 36322813
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Originally posted by Loophole1 ↑

Originally posted by Mongoose13
Can anybody fill in the missing information?
When -at what date were shareholder loans repaid?
Over what period of time was this dividend earned?
Hi Mongoose, from memory loans repaid by year end 2018 which was end June 2018, I think and it was $8.2m and far as I know this recent payment is for three months (one quarter) so puts us on track for $25mish per yr, if worth say 10x income that’s $250m or 50cts share but we have costs and any tax to come off but still a great result, $6.25m per quarter will do until other news breaks on titanium the big one and helps keep cash deposits high for other things like Lioh plant, battery plant, or future divi, great news, Loop.

Loop.

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Hi Loop I think you will find the gross amount of the RIM dividend is approx. $8,871,000 .00 with the franking credit factored in .This then gives you $35,500,000.00 p/a , I'm sure nmt would have some tax write offs so their final result could be even better. Just a thought.

NMT Price at posting: 23.0¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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