hang on lol...$2 dividends aren't sustainable, page-14

  1. 6,694 Posts.
    lightbulb Created with Sketch. 993
    I get the point, but honestly, I don't think many here believe that we will be getting over 1 dollar divies much past year 4 with the current proposed mill capacity. There are broker reports that show a solid base case scenario that will make this share very attractive on dividend yield. Heck, even 30 cents is as good as 10% at the moment. Having said that, if we do get the mining lease, there is always the chance we could end up with a greater throughput, say 10mtpa. If that happens then a sustainable divi is by all means possible.
  2. This thread is closed.

    You may not reply to this discussion at this time.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.