OTCPK:MAUXF - Post by User
Post by
2guyson Sep 10, 2012 8:11am
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Post# 20341427
13% Divident Yield at Current Price...
13% Divident Yield at Current Price... The analyst on BNN pointed out on Friday that the 13% dividend should be intact with an estimated $0.45 cash flow estimated for this year.
He was confident that MMT would be able to pay out a yearly dividend of $0.20 per share, and that is without further expansion due to drilling.
Could be some weakness today, but that should be an opportunity for those wanting the $0.05 quarterly dividend that will be payable to holders as of tomorrow.
Wednesday MMT will be trading ex-dividend, and then there should hopefully be some mention of the UMU-10 well. atb