RCO 0.00% 24.5¢ royalco resources limited

Hopefully we will get an update on when the dividend is to be...

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    Hopefully we will get an update on when the dividend is to be paid in the quarterly report.


    This from KZL's quarterly report (released July 13th):

    Mt Garnet

    "Progressive improvements were achieved in both throughput rates and feed grades for the polymetallic circuit at Mt Garnet during the Quarter. Feed grade improvements reflected the availability of higher-grade stockpiled Mungana ore for processing.

    As a result, zinc metal production from the polymetallic circuit increased by over 133% for the Quarter compared with the previous quarter, while zinc metal production for the month of June was ~34% higher compared with April and May."


    And from RCOs quarterly report for March:

    "A total of $426,739 was received during the quarter from the Mt Garnet royalty interest where there is a 3% Net Smelter Return on production from the original Mt Garnet tenements."

    I am unsure whether the increased throughput is coming from the 'original Mt Garnet tenements' so will have to wait and see, but it looks like we could see an increase in the amount received this quarter from the Mt Garnet royalty.


    By the way stumbled onto this article the other day, unsure if been posted here before:

    Dividend detective: Royalco Resources
 
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