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The current intention is for an interim dividend to be paid in Q4 2019 with a final dividend to be paid in or around May 2020, both in respect of the period from 1 July 2019 to 31 December 2019. With the initial interim and final dividend payments, the Company intends to target an annualised yield of 4%
Just been having a look at this. Does look extremely cheap for some reason. Trying to get head round it. Paying a dividend shows confidence along with management having the skin in the game. Will do more research over the weekend and will probably chuck 5g in here. Are we expecting anything in the results that may push the SP lower? As I see they will not give guidance. Any opinions would be appreciated. Thx
All things considered looks very strong. A lot of new buyers in at this level. Profit taken has been done IMO, a lot of us holding till true valuation is revealed. I look forward to q3 results, with great exchange rate and higher gold prices, will show in excess of 3million added to cash flow, given cash at 15million plus. Exciting time for us shareholders. Patience is key here.
It's a very good time to be a shareholder here. With TSG being valued at more than 100million and Serabi at 44million. We still have a long way to go up. Triple figure share price must be a minimum. I now there is a lot of excitement around the Coringa Rns to come but for me it's free cash flow generated in q3 & q4 that really excites me.