Price of Iron Ore, page-785

To put it simply it's hard to say. I would however like to think so. To what extent is a little unknown, as it will really depend on how management sees things going forward and of course the prevailing conditions. I am also of the mind that management wishes to reward holders - which obviously indicates the intention to do so.

However, in all honesty, being on the conservative side, I don't mind if dividend is reduced or even cancelled if market conditions do not improve in the next few months - may not be to everyone's liking, but I'd rather FEX conserve cash then having to come back to market for a CR later in case of need. Market reaction may not be kind in that case.

Perhaps not what many want to hear - to be fair I'd be really happy with another dividend of similar magnitude as the inaugral. As it has been shown, a lot can happen in a very short space of time, hence my conservative nature.

It would be nice to get a company update.