RWD
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10.7% 2.5¢ reward minerals ltd

mining license application, page-3

  1. Panda7
    10,408 Posts.
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    18/05/12
    10:32
    Post #: 10192627
    any guess what the maiden yearly dividend will be ? my guess given the evaporation rates is they will be able to start with 300,000tpa at a margin of $350/t so that is an npat of about $68m. So assuming a 50% payout or about $30m on say 140m shares that would be 20c per share. If LM comes into the picture then perhaps 40c is not out of the question.
    RWD Price at posting: 74.2¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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