HVY 2.56% 8.0¢ heavy minerals limited

Ann: Pre-Paid Royalty Mandate, page-8

  1. 545 Posts.
    lightbulb Created with Sketch. 159
    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.
 
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