STB south boulder mines ltd

time to pack up and run?, page-3

  1. 106 Posts.
    We are also happy that you saw fit not to buy any STB shares.
    In reality, I wish they'd just crank the mine up, show what a low CAPEX and continually low OPEX can mean and start paying two lots of dividends per year.

    Hell, I'd be happy with a $1 per share dividend two times per year.............. for about 25 years.

    And before anyone jumps in and says it isn't possible, I used to own shares in Coal and Allied and a couple of years ago we got a dividend of $5.50 per share, and that was on a mineral that was pulling down an average of $150 per tonne (thermal coal) with massive OPEX year in, year out.

    That's what happens when the share registry tightens.
 
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