RE: Dividends on the way29 Jun 2022 23:52
There will be a big run north alright when dividends start getting paid, point in case I3e where the share price increase was such that dividend payment was 5/6% of SP but started off over 10% of SP so a doubling of the share price.
If Ben pay the indicated 10p to repay investors loyalty and faith, that works out at 25% for some new investors today, more if you’ve held for iPo, indeed 100%
Moreover , I just emailed the company, asking for their thoughts on mining steam coal on a temporary basis, to help keep the lights on in Europe this winter, given Russian coal imports are I believe due to be banned in Europe from end of August, and with Europe turning to coal power generation, Ben may be able to do its bit so to speak.
If atm steam coal is treated as overburden, it could also be advantageous to Ben to open up new met coal seams. Let’s see.