Tom At a recent shareholders meeting the CFO said no dividends for about 3 years.
First pay off some debt then do some more exploration on there other fully owned tenemants.
Then maybe a dividend.
I personally would like a dividend before further exploration. They have enough ore already for thirty years. Would be good to get the money rolling back to patient inveators and then do a bit more exploring.
The iron ore boom wont last forever. Lets return some money while prices are good Cheers Gmac.
Ps Snake getting close in IGR stakes.
GBG Price at posting:
$1.32 Sentiment: None Disclosure: Held
