MCR
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0.52% 96.5¢ mincor resources nl

What new project ?, page-23

  1. joewolf
    4,503 Posts.
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    29/07/15
    22:45
    Post #: 15717182
    I would like to agree but really I cannot see that the company has enough cash to be paying out $7.5million ( 2 c twice a year). I would hate to be receiving that and then they need a CR. I would much rather they faced reality and paid out half of that which still represents a 4% plus yield and conserved the cash so that they will be around to preserve the asset.
    MCR Price at posting: 49.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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