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5.56% 19.0¢ magnetite mines limited.

MGT General and Off Topic Chat, page-818

  1. alwaysgreen
    3,370 Posts.
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    09/06/21
    10:12
    Post #: 53733787
    Not sure how realistic a 10c dividend is to be honest. At current prices, that would be a distribution of approx $350 million in profit. And we will likely need further credit raises (dilution) in order to build infrastructure.

    Look, eventually it could happen but it would be years away.
    MGT Price at posting: 6.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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