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Bullboard - Stock Discussion Forum GobiMin Inc. GMNFF

Financial Services Asset Management
GobiMin Inc together with its subsidiaries is engaged in the investment in equity, debt or other securities as well as direct ownership stakes in projects, including the development of mineral properties, mainly in the Xinjiang Uygur Autonomous Region (Xinjiang) of the People's Republic of China. The company's segment includes Investment business and Mining business. It generates maximum... see more

OTCPK:GMNFF - Post Discussion

GobiMin Inc. > Paying Dividends
View:
Post by macdj on Sep 09, 2022 1:42am

Paying Dividends

Gobimin has paid them before. Why not again? Everything Gobimin is doing, they have done in the past. They make exploration investments, increase there value, sell it for more money, pay Dividend
Comment by nozzpack on Sep 09, 2022 8:15am
Gobi paid a 1 cent per year dividend for every year except the market turnadown and low cash in 2019. The long term yield ( dividend /averrage price ) wss about 2.5 %. Gobi has $27 million CAD in investements right now which bbrings in about $1.3 m  CAD in interest based cash flows. This amount fully covers Gobi's operating costs ex the development costs of Saway. With $130 m   ...more  
GobiMin Inc.
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