JMS 1.92% 25.5¢ jupiter mines limited.

Ann: Dividend/Distribution - JMS, page-16

  1. 144 Posts.
    lightbulb Created with Sketch. 20
    Agree with sideliner, I am one of these LT holders and it hasn't been pretty so far. However;

    - JMS is still paying dividend
    - JMS is debt free
    - JMS is/remains profitable under difficult market circumstances due to low operating cost
    - World still needs manganese

    The double digit dividend yields are over, so we will have to wait and see what the new management plans are for any left-over cash (depending on manganese market conditions)
    Perhaps they will just build a war-chest of cash, to be able to strike when the time is right.

    Not advice: DYOR
 
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