Sorry meant to post in By Stock not general.
Was that translated to 10.3 cents per share? Was that a hint of a special dividend down the track?
PMM is no slouch and further upward price movement in PMM can be expected as iron ore price increases of 30% are being discussed by serious players. PMM like CSM are also increasing production significantly.
Second prize of $18m for CSM is still a great reflection on its management and shows how well placed the company is to grow even more as it goes forward.
The $18m is put into perspective when compared to the 2003 NPAT of $11.3m.
Very good quarterly report. Prospect of continued large price increases for both manganese and chromite together with increased production looks good.
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- another $18m for shareholders
CSM
cosmo gold limited
another $18m for shareholders
Currently unlisted. Proposed listing date: TBA
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