I have been reflecting and I believe we could see a $0.15c Div. why. Well the maths I use are a little inconsistent as you can all imagine. But. If they made $150m and the operations cost have been kept low. Then rather than just taking half off this number it may only be 1/3 so say $112m then / 800m shares = $ 0.14c at 100% with additional cash in bank they could pay $0.15c but more likely we may see $0.10-12c to make a bigger statement to the markets
I believe we will see coal move up in a few months back above $250-300
best of luck to all and let’s see what the week brings us
Ann: Dividend Declaration, page-717
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