Morien Resources Corp V.MOX

@ the Bell: Markets come roaring back

[Jon Brown]

After a few lacklustre sessions, Canada's main stock index joined markets across the globe in a higher trading day on Friday read article.

[Jon Brown]

Equities in Canada’s largest edged up on Thursday, all over a pause in US rate hikes and the passing of a bill to suspend the debt ceiling. read article.

[Jon Brown]

Investors often keep focused on the most consistent plays, when times of renewed uncertainty rears its head in the markets. read article.

[PressRelease]

HALIFAX, Nova Scotia, May 26, 2023 (GLOBE NEWSWIRE) -- Morien Resources Corp. ("Morien" or the "Company") (TSX-V:MOX), announced today the appointment of Ms. Beau White to the Company’s Board of Directors (the “Board”). Morien also granted stock options to directors and officers of the Company...read article.

[Fredo51545]

The quarterly coal volume was paltry six months into start-up.

[PressRelease]

VANCOUVER, BC, May 18, 2023 /CNW/ -TSX VENTURE COMPANIESARGO OPPORTUNITY CORP.("AROC.P") BULLETIN TYPE: Resume Trading BULLETIN DATE: May 18, 2023 TSX Venture Tier 2 CompanyFurther to TSX Venture Exchange bulletin dated May 16, 2023, effective at the open of market, May 23, 2023 shares...read article.

[Mackthenife]

.025 divvy and $112,000 to NCIB. Close enough to .005 and building the balance sheet is a good thing. I’m happy 

[PressRelease]

HALIFAX, Nova Scotia, May 18, 2023 (GLOBE NEWSWIRE) -- Morien Resources Corp. ("Morien" or the "Company") (TSX-V:MOX), is pleased to announce that its board of directors (the "Board") has declared a dividend of $0.0025 (one quarter of one cent) per common share for the second quarter of 2023. The...read article.

[Mackthenife]

Oops I mean 1/2 a cent not .05 . That will be Q1 2024

[Mackthenife]

Management probably knows the number by now, but won’t announce the dividend until June 1. Let’s hope it is 1 cent like Cupricity says, but don’t be surprised if it is .05.

[fredo1]

No 1Q update.

[Mackthenife]

I hope you are correct Cup! We will see in short order here. Go MOX go

[cupricity]

I would expect around May 15th how our first quarter is going.  a 1 cent dividend per quarter is the same as 500,000 cash expense. This would imply about 40 million in sales from the mine after

[cupricity]

I expect that the met coal version of our product will be shipped shortly.  When thermal was high it didn't make any difference but as the price diverges we should be in the met coal game

[fredo1]

Need about 85k tons/month to pay 1cent. Sounds about right plus the opionality of higher coal price(after a brutal decline from recent highs).

[cupricity]

My guess is a 1 cent dividend announced May 15th for June 25th payout or so.  It will go higher.  Coal has bottomed and is going higher, helped by Australia limiting coal exports to 5% less

[Mackthenife]

Should be much better than previous training quarter !  Hoping we get a bit higher divvy this quarter as we are trending the right direction. Keep up the great work Dawson and all

[Mackthenife]

Well that’s a nice little Christmas bonus. I am sure the divvy will grow in size as production ramps up, so all in all very nice.