MOY 0.00% 5.1¢ millennium minerals limited

Simple Rough Calculation, page-23

  1. 786 Posts.
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    Hi Sting,
    No dividends thus far. Plenty of investment happening in drilling, camp upgrade and eventually a plant upgrade. I would imagine a dividend becomes a possibility in a year or two depending on gold price. They are looking at proving up 5 years of mining. They have more like 10 years worth at 100k ounces per year provided the plant upgrade to process fresh ore comes to fruition. That is 10 years without any further discoveries. They have an under explored tenement so further discoveries are on the cards. DYOR
 
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