LPD 50.0% 0.3¢ lepidico ltd

Dividend, page-5

  1. 2,237 Posts.
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    Hi @loisl1978, I wouldn't expect any cashflow from P1 to be returned to shareholders for a long time yet. Pretty safe bet that it would be used to pay-off debt and/or provide funding for P2 for a while. Once P2 is established, then they might consider dividends.

    I would hazard a guess that you would need to wait 6 or 7 years as a minimum. There is obviously a lot that would have to happen in that time, including a complete transformation of the company from a junior to a profit-making producer.

    Cheers
    Last edited by Sharpey: 03/06/20
 
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