AGM australian governance & ethical index fund

daveo1You said..."With AGM it is hard to fully(confidently...

  1. 263 Posts.
    daveo1

    You said...

    "With AGM it is hard to fully(confidently enough for me anyhow) evaluate hoow they will fund future expansion/exploration/mining and satisfy shareholders

    For the next 3 months all mining exploration is covered by the ANZ loan. At the end of march they will be as the Chairman stated many times, generating lots of cash (net 130M - 260m ).

    He also stated at an analyst briefing that doubling throughput to 1.5m tons of ore at 0.97% Nickel => 14000 tons Nickel production and exploration will cost 40M, which means a very healthy dividend.

    Tony stated clearly at last years Annual that Dividends is a priority for him.
 
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.