GGG 7.41% 12.5¢ greenland minerals limited

Might need to take a look at the feasibilty thread.Absent that...

  1. nro
    1,050 Posts.
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    Might need to take a look at the feasibilty thread.
    Absent that youll have the newly updated fuller format feasibilty published by the company within a week or so .

    I cant see a split happening. The returns are too high.

    Paying off Capex in a year or two is almost unheard of in the sector. If thats what these new figures now show. So I cant see divys happening within that timeframe even though Im sure they could.

    Plus, given the company has no need to extend the mine life. As its already proven for 37 years. Where else will GGG put the money besides back into shareholders pockets?

    Maybe they could build a LAMP like facility, and if so, adding that additional value to BV and return to shareholders as well. But I cant see the point when they are already earning so much doing what they doing absent any further headache.

    We will know in a week or so what they have in sstore.
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