HRR
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1.69% 5.8¢ heron resources limited

Good point on dividends. One of the benefits of the method...

  1. mmoore1957
    757 Posts.
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    06/02/18
    06:40
    Post #: 30840547
    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 Price at posting: 77.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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