SPR spartan resources limited

Dividend record date will be in September. However, I would...

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    Dividend record date will be in September.

    However, I would expect the dividend to be minimal this time. Consider that RMS will be expending cash to give each SPR holder 25c per share. Also, RMS will be carrying the working capital for SPR whilst the SPR mines are not yet in production.

    This will be offset by extremely high gold prices. If the current pricing is maintained when the SPR production restarts, the dividend then should be fantastic.

    To say RMS is not generous with dividends is only relative if you compare them to a bank or similar. As a holder of RMS, SPR and VAU, I would class RMS as being a very generous dividend payer.
 
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$2.27
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