Mandalay Resources Corp. T.MND

Time for Duffy to Reinstate the Dividend!

[ganndolph1]

all,
 
From the Q4 2021 production report, it looks like Mandalay Resources made $70 million dollars in revenue.  If costs were the same as last quarter--about $35 million dollars, then profit for Q4 should be around $20 million dollars or double last quarter's $9.3 million dollars.

Mandalay Resources dividend policy was 6 percent of previous quarter's revenue paid to shareholders.  Based on the current quarter results, the dividend if reinstated would be around $4.2 million dollars or 37.7 cents per share.  IMHO, CEO Duffy needs to reinstate the dividend to get the share price moving!

ganndolph

[Sherry35]

ganndolph - I support your estimates on the 4Q21 profit. However, I do not support re-instatement  of the divdiend. I would like to see MND acquire one, preferably two, revanue generating precious mining companies before pursuing the dividend. Given the debt obligations and the @#$% Au hedge, I would like to at least one more revenue stream come in to derisk any potentiual disruptions at the

[hrgagogo]

I agree with reinstating the dividend This will be welcomed by all long term investors like me as I have been holding with borrowed funds from my bank. I remember when I was able to use the dividend payments to offset the interest costs. However as you have indicated before unless this price manipulation by certain large holders are seized they will still control the price and will continue to try

[Nick2021]

I personally think that MND stock will not appreciate significantly in value unless the company succeeds in doing two things simultaneously: 1)  continue to increase production at Costerfield 2)  increase Costerfield's mine life out to at least 7 years The latter is key, because without it, MND is simply not a realistic takeover/merger target.  Costerfield is a great mine for