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Re: 70 cents? Bargain... bargain ... bargain" long term there is no reason why they cannot pay 40 cents a year divy if the production triples in UMU " Don't forget that the royalties go up a lot as production increases. With the state of Mart's finances, I doubt they would ever pay a 40 cent dividend. But if they can get the debt down, and push most of the production through Umugini, we might see 20 cents one day. I think everyone would be more than happy with that. |
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Msg # | Subject | Author | Recs | Date Posted |
14816 | Re: 70 cents? Bargain... bargain ... bargain | sandy9 | 2 | 12/22/2014 12:29:31 PM |