Hi picture
Profit for half year not 80 mill-that is the operating surplus.Deduct tax depreceation etc and the profit should be around 45 mill.
Will be more conservtive in the first half so expect divvy of about 5cents with a bigger one at year end.(10cents would be my guesss)
Not bad at all .-dividend yield of 5%(on a share price of $3)in a company that is investing very effectively in its future.
I see no point in investing new companies when this one is doing so much to bring on new production
Its like having shares in a very profitable company and one that in 12 to 18 months could be producing 8 to 10000 tons per annum and is debt free.Jingle bells
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