GOLD 0.51% $1,391.7 gold futures

Too right SP, I own a truck-load of TRY.To be honest I don't...

  1. 3,350 Posts.
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    Too right SP, I own a truck-load of TRY.

    To be honest I don't know how they do it, paying dividends and having 70m shares on issue over a decade of bringing 5-6 mines to production.

    In fact I think the gold industry should invoke a new rule. If you're a producer not paying a dividend then close your mines.

    Of the billions of dollars in Australian gold exports I wonder how much is returned to shareholders as a dividend? It would have to be a millionth of 1% I reckon.

    Rowingboat
 
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