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2.7¢ goldoz limited

Not a hope in hell that any dividend would be paid at this stage...

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70 Posts.

22/09/17

21:27

Post #: 27407499
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Originally posted by SEAH ↑

Feeling your pain @Hittman....and 100% of school fees on top of this....am guessing you cop flack if you are a day or two late re CS as well....

Hi @Juno, if management and a few key holders hold 30% of the register then no risk re hostile takeover? Holding the cash rather than paying any out would be prudent re ramp up of production, purcgase of more leases, increased drilling work re JORC re rubies, further development work re graphite assets towards PFS and possible DFS?....could they look longer term at financing say 1/2 the development of their graphite assets from cashflow....what I'm getting at is long term thinking could have them end up being that big mining company that buys other assets rather than just developing then selling the graphite assets? So, I wouldn't be upset if they are not in a hurry to pay a dividend....BHP and Newcrest and Nothern Star were all small companies once....,

Kind regards, SEAH.

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Not a hope in hell that any dividend would be paid at this stage with the amount of future expenditure required.

MUS Price at posting: 8.7¢ Sentiment: Buy Disclosure: Held
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