They have never promised half yearly dividends only that they would review on a half yearly basis.
The amount of any dividend will depend on the cash position at review and the forward capital requirements of what they plan to do .
The 2c dividend was made after a long time of cash build up and is clearly a one off .
In the near term dividends between 0 and 1c should be possible but long term it depends upon what exploration success they have .
The sentiment and market activity has been greatly increased since the decision to pay dividends and it seems fair priced to me .
Unless a compelling asset is acquired unlikely to be any dilutive credit raises either .
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Open | High | Low | Value | Volume |
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3 | 163227 | 0.096 |
4 | 263252 | 0.095 |
1 | 10000 | 0.093 |
1 | 9646 | 0.092 |
Price($) | Vol. | No. |
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0.098 | 133 | 4 |
0.099 | 64604 | 1 |
0.105 | 306999 | 5 |
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