At the current 200/t, 100/t margin, if we see a 25% rise is Rockphosphate prices to 250, margin goes to a whopping 150/t.
So we're talking 300-450 mill profit on one project alone.
How much of this do you think of this would go to develope other projects for coy growth, and how much to dividend?
As capex is a joke, 30-50 mill, payback in 2 months, it doesn't dererve more than a mention.
So to the dividends? 25%???? So that's 75-112 mill dividend, so basically at a mC of 116 mill, thats like 65-97 cents for every dollar to have in the MAK market today.
All varies on what percentage they would pay a dividend. Interested in what others would thnk might be reasonable.
cheers
AEV Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
