The profits from that operation would be used to fund REE expansion though - wouldn't expect they'd be paying div'ds on the back of it. i guess it also depends on LIN's future ambition around downstream processing which would have large capex requirements that would absorb free cash flows. Divs could be a long way off.
Lynas has been operating a long time and doesn't pay dividends. PLS paid its first div this year. PLS pays 20-30% of its free cash flow to shareholders now. I think PLS started producing in mid 2018, so ~4-5 yrs to pay divs.
July Trades, page-41
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11.5¢ |
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Mkt cap ! $132.5M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.3¢ | $41.57K | 361.6K |
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| No. | Vol. | Price($) |
|---|---|---|
| 9 | 724412 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 1800 | 1 |
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| LIN (ASX) Chart |