NAG 10.0% 0.9¢ nagambie resources limited

Ann: Appendix 3B, page-30

  1. 2,325 Posts.
    lightbulb Created with Sketch. 709
    Just wondering how you can even hint at dividends . Considering the company has never made a profit and needs to raise capital just to survive .
    29/04/16 You made the following statement -

    ''Having said all that I'd be happy with a 1c dividend this year, esp if there were retained profits to kick start the other projects. Within 3 years, dividends of 5c - 10c are quite on the cards, possibly even 10-12c as Mogga says.

    That's my opinion.''
    Well the three years is just about up . Not only are there no dividends but the company makes bigger losses year after year . Talk of dividends is misleading .
    That's my opinion .
 
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