Hi there Missionx.
I have held the Ox for over 7 years since it was around 10c. I noticed someone said dont worry about dividend payments, if that person (cant remember who posted it) had a fair number, they would not say no to Div.
Owen has stated they the div payout ratio of EPS will be around 20-25%, thats still gives opportunity to grow organically and t/overs.
Since 2 years ago i said this is a $6+ stock, patience is a virtue, but i believe it will get there hopefully in the next 18-24 months.
Ox earings need to be around 45-50c per share = $680m-760m profit, at P/E of 10 that's $5, at 12 P/E that's $6, espically if the growth prospects are good, which they are with the mighty ox.
OXR
oxiana limited
