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Ann: December 2020 Quarterly Report, page-22

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BlueSky123

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21/01/21

14:12

Post #: 50342938
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Originally posted by PeeSter: ↑

They are building cash at about $20 mil AU each quarter at the moment.
Even with a conservative 25% payout ratio that equates to about a 10 cent dividend for the full year.
If you factor in the likely 10% production improvement on guidance along with gold heading into a new upswing, it’s easy to forsee a higher dividend, or even a special dividend. Then we will surely see the PER and share price better reflect true value.

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That would be very nice indeed!

I'm tipping between 3c and 5c

MML Price at posting: 82.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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