JMS 0.00% 16.5¢ jupiter mines limited.

I calculated the attributable profit to around 1.8c in another...

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  1. 119 Posts.
    lightbulb Created with Sketch. 40
    I calculated the attributable profit to around 1.8c in another thread, but this explains why the dividend is lower:

    "The amount of the Tshipi dividend was prudent, with sufficient cash being retained for working
    capital, for possible capital expenditure relating to the proposed ramp up study and to mitigate the
    continuing challenges in the market."

    So expect dividends to be lower over the next few years to fund the expansion.
    Last edited by Gold Panda: 03/09/20
 
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