Alhtough its early days for MCO, The Australian newspaper's resources expert Robin Bromby pointed out a path MCO must take when the cash starts rolling in. "Parsimonious Australian miners please take note: London listed Fresnillo, the world's biggest silver producer, has lifted its dividend by 129 per cent. No "we need money to expand exscuses" said Robin. An historical note: during the Great Depression in the "Dirty Thirties" shareholders lived comfortably off their dividends from gold producers.
MCO Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
