MGX 2.44% 42.0¢ mount gibson iron limited

Thanks for sharing this.my thinking is that the investing and...

  1. 961 Posts.
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    Thanks for sharing this.

    my thinking is that the investing and financing cash flows will reduce significantly so we could well see cash flow from operations of 100M per quarter going forward.

    As a result I don’t think it is unreasonable that they could payout 10-20 cent dividends for the next financial year depending upon how much cash they want to retain.

    There is also the upside of converting some of the mineral resources at Koolan into reserves to further expand upon the mine life.


 
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