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Bullboard - Stock Discussion Forum Champion Iron Ord Shs T.CIA

Alternate Symbol(s):  CIAFF

Champion Iron Limited is an Australia-based iron ore exploration and development company. The Company, through its wholly owned subsidiary, Quebec Iron Ore Inc., owns and operates the Bloom Lake Mining Complex, located on the south end of the Labrador Trough, approximately 13 kilometers (km) north of Fermont, Quebec. Bloom Lake is an open-pit operation with two concentrators that primarily... see more

TSX:CIA - Post Discussion

Champion Iron Ord Shs > Dividends
View:
Post by Sawasdeekrab on Aug 25, 2021 7:45pm

Dividends

Many of us I think asked for the dividends. Personnally, I ask the question and I think that I wasn't the only why and that's why they mentionned them at the very end of the meeting but didn't say much about that. Hopefully they will explore the request....
Comment by Thumb1972 on Aug 26, 2021 8:12am
Thanks Sawasdeekrab. I also attended the virtual meeting and yes MOK did discuss dividends at the end of the meeting. What I took away from his discussion is that the board will definitely be talking about dividends between September and end of the calendar year (not sure when the next board meeting is). He mentioned (not verbatum) as a major shareholder he would also benefit significantly should ...more  
Comment by PROINVESTALOT on Aug 26, 2021 9:17am
Thanks for the recap. Remember one thing: CIA is a huge success till now mainly because they got 5 billions assets at the begining for nearly nothing at a time iop was at the lowest and nobody wanted to buy. We would not be in actual situation if we paid 5 billions for the assets. Building main infrastructures in North of Quebec is very expensive and hard to make it worthed.
Comment by Thumb1972 on Aug 30, 2021 5:48am
No probs Pro. It was an absolute master stroke by MOK to secure (probably) the IO deal of the century, fortune favors the brave! It's hard to find fault in the company with each and every step it takes. The conservative approach taken in growing the company has minimised share dilution whilst placing us on the map as a significantly large high grade product hub...one of the largest in the ...more  
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