To understand NMT's dividend policy, refer to what CEO Chris Reed said at the time of the last two dividends. This suggests strongly to me that they would intend to pay a 2017 dividend.
Investorintel Mar 28, 2016
Chris Reed: " As we’re coming into production we want to give something that’s potentially sustainable so we’re giving back two cents a share."
Investorintel interview Dec 9, 2016
Chris Reed: "once the mine reaches steady state production…we can then look at how we are going to deploy (cash) …we are cognisant that we have started returning some money to the shareholders, (and) it is our ambition that we would maintain that."
"…with dividends, when you start a dividend policy and paying dividends it is not something you would start if you thought you would have to stop it quickly...
"…certainly the cash flows coming from Mt Marion will enable us to sustain a return of something to the shareholders."
To understand NMT's dividend policy, refer to what CEO Chris...
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