AKE 0.00% $9.83 allkem limited

I think dividends will start to be paid sooner rather than...

  1. 103 Posts.
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    I think dividends will start to be paid sooner rather than later.

    Our June quarterly results will surprise on the upside, much like Livent and Albermarle recently.

    I agree funds need to be used to expand projects and get James Bay producing asap, however our cash reserves will be more than adequate to fast track projects.
    Approvals for James Bay and labour/materials to expand our other projects will be the limiting factors moving forward, not cash.

    Allkem will soon find itself making money faster than it can spend it.

    We have enough projects already so don't need to acquire another site/company, therefore commencing a dividend policy or share buy back will be considered.

    Have a great weekend.
 
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