If you ignore cash costs for a moment and use total costs (including everything, admin, overheads etc) at say $1,000/oz that still leaves $600/oz PROFIT to the bottom line
At 150kozpa = $90m PROFIT At 200kozpa = $120m PROFIT
Of course these numbers are before-tax
If they conservatively allocate 75% of the profit for tax, exploration, development of Hollandaire, Great Southern etc that still leaves $22m-$30m to be paid out as a dividend each year
On 230m shares that's over 10c per share
And that's just the beginning. Imagine what will happen when production ramps up even more (with Hollandaire copper too)
The scope to pay larger dividends will rise exponentially
Cheers
SLR Price at posting:
$3.05 Sentiment: Buy Disclosure: Held
