Majestic Gold Corp. MJGCF

RE:One could think

[richard45161]

things you actually never do: thinking or providing any kind of vaue what so ever.

Thesis: PRG will announce a second dividend with the year end results of 2024.

Arguments: Looking on POG, confirmed production forecast for Q3 and Q4 when Q3 was already one month old -> PRG will earn most likly 20 mio net profit for 2024. The wording of the PRG dividend anouncment reads as dividends will be a normal reoccurring thing from now on. Still hugh rising cash position. It is unlikly that POG will decrease significantly and it is very likly that production will increase in accordance to the corporate presentation. 


"Persistence Resources Group Ltd Announces Ordinary Interim (Semi-Annual) Dividend for the Period Ended June 30, 2024, Payable on September 25, 2024 Persistence Resources Group Ltd. announced ordinary Interim (Semi-annual) dividend is HKD 0.0295 per share for the period ended June 30, 2024."

- Upcoming dates would be end of november 2024 with the Q3 figures, to see if production increase is like planned.
- end of march 2025 with the the year end results
- end of february when the mining aquisition is planned to be finished
- as soon as Coporate Presentation is updated with the produktion forecast for 2026

Maybe you ask your supervisor to read and explain this to you. Maybe you are for once understand the difference between arguments and thesis. 

As always, you were not able to formulate anything of value with your posts. Just sad noise. 

For everybody else, there are very solid arguments for increasing shareprice based on fundamental analysis and possible second dividend for the financial year 2024.

its only a short time till prodution increase will show with the Q3 figures and DCF valuation will adjust. Its only 5 months till end of the year for confirming whether a second dividend for 2024 will be paid. 

Only till August 2025 to confirm whether a first dividend for 2025 will be announce and even before, CP yshould be updated with the production forecast for 2026.

Te Company showed that shareholders will benefit from the success. I strongly believe based on very solid arguments thats this will continue  in the future with further dividends, rising production and profits and subsequently - 10X shareprice till August 2025.

Armitage is just a weenie weenie baby with the mental capacity of a 7 year old. Dont get distracted by his BS and call him out for what he is. 

As always - best
Richard


Armitage45