Agree with sideliner, I am one of these LT holders and it hasn't been pretty so far. However;
- JMS is still paying dividend
- JMS is debt free
- JMS is/remains profitable under difficult market circumstances due to low operating cost
- World still needs manganese
The double digit dividend yields are over, so we will have to wait and see what the new management plans are for any left-over cash (depending on manganese market conditions)
Perhaps they will just build a war-chest of cash, to be able to strike when the time is right.
Not advice: DYOR
Ann: Dividend/Distribution - JMS, page-16
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