Westgold Resources Ord Shs WGXRF

Dividend

[REPS346]

...am wondering as a long time holder of KRR   And now WGX......will the holders of KRR be receiving a possible dividend?

[Odinson]

I'd like to see a dividend once we hit about a $20.00 share value. Before that, pour the money into development and exploration. 

[Rainman01]

Yes we will see a dividend. Wayne Bramwell explained in the latest video that in the Australian market they like to see liquidity and dividends to be paid back to shareholders. I can find a number of 12% payout but I will not speculate the amount for now because of the ever rising gold prices and our rising production numbers and the coarse gold occurrences. The way the dividend has been paid out

[schmidilein2713]

I can remember about 15% pay out of gross proceeds, but not sure. At current gold price and 500k in 12-18months you can estimate US$ 0,08-0,10 dividend, imo.