HGO 1.75% 5.8¢ hillgrove resources limited

copper price, page-22

  1. 1,181 Posts.
    lightbulb Created with Sketch. 98
    If you notice in his address "considering the payment of a dividend on the completion of the 2018 accounts."
    I have learnt to be cautious when claims are made especially on smaller hard working stocks. We DID have a Div a while back and none for years. Plus my "2 years" is based on my own calcs and a more cautious position to what would be "hoped" from SH's. In any event, a forced div can leave little cash and reserves BUT can look attractive to investors. Maybe first prove the new mines and build up tons of working assets earning solid sustainable profit THEN trickle down a few scraps to the long suffering peasants (lib)
    I in no rush to drain the little cash they have AS IMO times for Aust will get tough soon and SA? hmm
 
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