UNV 0.00% 16.0¢ universal coal plc

Free cash flow, page-2

  1. 4,708 Posts.
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    I wouldn't be too quick to discount debt repayments however, not to mention the investing outflow is technically required to get the future cashflows started. that said they won't last 15 years but you get the gist.

    Still good that it's making money at least, I'd be happy with a 1cent dividend at the end of this yr or sooner, but I've assumed the typical mining cap stock divvy of a pitiful 0.5c or less.

    Still better than nothing if it comes within this year. Knowing my luck and how things are panning out, we won't get solid progress on the dividend front and anything committed until at least next year...
 
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