Foraco International SA T.FAR

Alternate Symbol(s): FRACF

Metals & Mining Industrial Metals & Minerals

Foraco International S.A. is a France-based company engaged in the mining, geological and hydraulic drilling sectors. The Company's principle business consists of drilling contracts for companies primarily involved in mining and water exploration. The Company operates in two business segments: Mining and Water. The Mining segment covers drilling services offered to the mining and energy industry during the exploration, development and production phases of mining projects. The Water segment covers all activities linked to the construction of water wells leading to the supply of drinking water, the collection of mineral water, as well as the control, maintenance and renovation of the existing installations. The Water segment also includes drilling services offered to the environmental and construction industry, such as geological exploration and geotechnical drilling.

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Foraco International SA > If they announce a divy

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Comment by nedstar71on Feb 22, 2024 10:38am

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Post# 35893195

RE:RE:If they announce a divy

In the news release they didn't mention the frequency of the potential 6 cent dividend. I'm presuming it's a one off with future dividends to be at the board's discretion? I prefer they don't dangle carrots like this, too amateurish and pumpy. Just announce it when implemented.

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