RE:RE:RE:RE:REVERSE SPLIT AND OTHERS Yeah, high-cost mines and dividends don't go together.
If anyone (seriously) wants to receive dividends from zinc, consider Teck (Red Dog) or Lundin (Zincgruvan). These mines are low cost (bottom quartile) and can turn a profit at $1.00 zinc. TV will never have assets of this quality.
However, TV is a pure-play while Teck and Lundin are not, and in times of peak zinc price TV may be better for a speculative buyin. And conversely, in times of low zinc price, TV's debt will explode and it may go bankrupt ... but Teck and Lundin will be fine.
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kramaswamy wrote:
If you want dividends, go find another company. This one won't (and *shouldn't*) be paying dividends or buying back shares for at least a few years. Not until they have positive cash flows, and have paid down most of their debt.