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$9.83 allkem limited

I agree, we will more than enough $$ to fund capex. I also think...

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Bikesbeersfooty

571 Posts.

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14/05/22

13:22

Post #: 61407821
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Originally posted by Lmg71: ↑

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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I agree, we will more than enough $$ to fund capex.

I also think paying a dividend, even a small one, establishes a company as a viable income to certain types of investors and would really punch the SP up.

But mate, seriously, what makes you think we will be the #1 lithium producer by 2025?

Last edited by Bikesbeersfooty: 14/05/22

AKE Price at posting: $11.10 Sentiment: Hold Disclosure: Held
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