ADY 9.09% 1.0¢ admiralty resources nl.

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  1. 702 Posts.

    Dividend Asked by Barrios on 22-08-2005

    A while back you had plans of paying a dividend once some cashflow was established. Of course since then much has unfolded, including significant plant expenditure over the coming years.

    Does the ADY board still entertain paying shareholders a dividend?
    Response From Phillip:

    We will pay shareholders a dividend once we have most of our projects up and running and are producing earnings not required for developing/running the business. Thi should be after June 2007. Dividend policy has not been discussed at length and I would expect this to occur before we publish our dividend policy.
 
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