FEX 1.85% 26.5¢ fenix resources ltd

7c Div, page-5

  1. 1,084 Posts.
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    This is nothing more than speculation on my part, but I think they’ll seek to provide a yearly dividend of .0525 every year until LOM expires. This way it’ll ensure plenty is left in the bank to progress elsewhere after the next 5/6 years and it provides a more than decent ROI each year to holders.

    I’m more than happy with a .0525 per share divvie per annum until the next big pivot occurs.
 
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