Good point on dividends. One of the benefits of the method employed by HRR to fund Woodlawn is that the debt of A$107m will be quickly repaid by the FCF (at full production) of A$110m pa. I suspect HRR may be able to do a final dividend in FY2020 but certainly the following year. It will make HRR a more attractive investment and as you say will support a stronger share price. All to the good of shareholders.
HRR - Updated NPV calculation, page-3
-
- There are more pages in this discussion • 125 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
