HVY
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3.85% 5.4¢ heavy minerals limited

Ann: Pre-Paid Royalty Mandate, page-8

  1. winsomelose
    542 Posts.
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    03/08/23
    19:57
    Post #: 69145774
    Your point re dividends is spot on.
    Imagine if when in production we had 100M soi.
    Every 1M shares receives 1% dividend.
    Even if 50% of the $40M p/a of projected sales is returned to investors that's:-
    0.01 x $20M = $200k.
    A lot of if's and buts but I don't see this as unrealistic.
    HVY Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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