UNV 0.00% 16.0¢ universal coal plc

Ann: FY2017 Tonnage and Cashflow Guidance, page-17

  1. 4,708 Posts.
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    agreed. i'd love to imagine 2 c dividends but it aint happening. ANd rightly so if they have other projects to push into play soon - without brushing up off memory brakfontein is all stamp approved is it not ? Am abit lost as to what the gameplan is after the current ramp ups, but i would imagine organc growth and acquisition potentials are being saved up for. Perhaps failing this the dividend will increase in 2019?

    THen again who knows if prices bump up in the spot price in the next 12 months anything is possible.

    Interesting - icebergs buys gone. Can't help but feel short of further price momentumn the pump upwards may be due for a pull back soon. Still great to see a share price much closer to 20c, it's been awhile for us long term hands. At least any opportunistic offers will be > 20c.
 
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