EMR 3.52% $3.53 emerald resources nl

I think gold stocks will be very well positioned to ride an...

  1. 59 Posts.
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    I think gold stocks will be very well positioned to ride an inflation wave with the price of gold staying relatively stable in terms of buying power even though the number is going up.

    In regards to EMR I think they just need to pay a dividend of 15c twice a year. With 622,776,071 shares issued that's $93,416,410 x2 of dividend payment total - that figure is around 130% of the after tax profit this last year with more growth to come. So it could absolutely grow to that point.

    I think Emerald might benefit from selling more shares to existing investors to fund expansion on that calc.

    Someone check my back of the envelope numbers please.
 
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