MGX 5.08% 28.0¢ mount gibson iron limited

Ship tracking thread - only. Reading is optional, page-230

  1. 1,038 Posts.
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    We have a life of mine offtake, so we always have a buyer available. In terms of a dividend, that is how I was thinking too, but depending on how we go over the next 6 months (i.e. to the time when the board decides on dividends), we might have made enough money and be in a strong cashflow position for them to feel sufficiently confident to deliver a 1 or 1.5 cent dividend. I think after the past couple of years of no dividends, they might be wanting to reward patient shareholders. Maybe?
 
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