MML 2.41% 85.0¢ medusa mining limited

Ann: Quarterly Report December 2015, page-33

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  1. 812 Posts.
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    Solid FCF in Q2, $16M cash on hand and a gold price that is presently $30 above Q2 average would certainly warrant the board having a dividend discussion.

    Would be pleasantly surprised to see a dividend for the 1H, but a couple of cents as a dividend for the full year might be more realistic?

    Ultimately you'd think that it will mostly depend on the PoG. If it averages $1150 for 2H you'd think it would be difficult for MML to not issue some token dividend at the EOFY.
 
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