BCN 0.00% 2.6¢ beacon minerals limited

The only way the directors have a pay day, without selling...

  1. 85 Posts.
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    The only way the directors have a pay day, without selling shares is when dividends are paid, apart from directors fees, hire charges and debenture interest, so it will happen one day. The chances of a dividend in the next 12-24 months however is non existent given that debentures have to be paid off and the resource base expansion is the highest priority. Too many other ways for the $s to go at the moment to even contemplate a dividend, so lets not even mention it again for a couple of years.
 
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