Post by
Gerrywerry on Nov 03, 2020 3:57pm
It will be a long wait but could be worth it
for each of the next 5 years we will spend 100 million approx each year made up of 60 million cash flow and 40 million debt approx " my guesses ". When the underground is ready we will have approx 200 million debt and if the reserves are correct we should have 300 million average revenues for the next 15 years and at 300 even allowing for debt payback we will be paying a dividend equal to are greater than the previous cancelled dividend which at the current sp would be greater than 25 percent allowing that the sp will increase to make the dividend a more reasonable 5 percent approx we should see the sp at 2.30 to 2.50 in the coming years and that's without whatever Clara may add to the mix . All guess work of course . Any oppinions
Comment by
wateroperator on Nov 10, 2020 9:32pm
NO IT IS NOT KATUSA PUMP AND DUMP