2c EPS H1 & 75% payout works out roughly at 9.5% gross yield...

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    2c EPS H1 & 75% payout works out roughly at 9.5% gross yield which is not bad.
    Balance Sheet looks good as does the debt & cash flow.

    Negatives
    Revenue only grew 1% in H1 & geographically they're only in Australia, which exposes them more in an economic downturn but on the plus side has no sovereign risk.
    Broker forecasts suggests it's going nowhere or backwards for the next 2 years.
    https://hotcopper.com.au/data/attachments/6225/6225324-0bb9df7c3f9bbcaa611339af575af478.jpg


    I don't invest in small mining companies, because basically they're just proxies for commodity prices with huge operational risks, however a mining services company with tier 1 customers might interest me at 40c or below.

    Short term there is a potential for a recession, that would impact MSV significantly, however the copper price is suggesting the opposite.


 
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