half year results, page-11

Like gustaaf, I thought the "40% guidance" statement was curious. Historically, 2H FY earnings have been slightly lower than 1H, so $35.3m half-yr less $5m non-recurring translates to maybe $60m full-yr. Which is WAY above a 40% increase on $31.4m. Maybe the 2nd half won't be that good - but I see no reason why not (?).

Dividends back in the last mining boom were 11-14.5c/shr, so at 3.5c this half-yr we're still a long way short of where we should get to - (a) there's still an equipment overhang in Oz, and (b) IMHO this mining cycle has a year or three more to run.