g’day Jamie.
haven’t had any experience with juniors transitioning to div payers. I would assume it’s positive, but with modest LOM and the volatile nature of the IO price, who knows.
that’s why I asked if the person that posted that 0.5-1.5x cash multiples, could advise if that’s with/without divs. We need junior IO stocks specifically to be any useful guide.
does anyone remember who that was? It was a couple of months ago from memory, maybe bit longer.
cheers,
ned.
FEX Valuation, page-254
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