Recent content by Erlang

Note the extra/surprise interim 10-cent dividend in December 2021. My guess would be the 10 cent dividends were not the norm. Note: Technically GRR is an iron pellet producer, which involves digging up iron ore and heating it up. Compare GRR's dividends to that of the paid once-yearly...

Checkout the dividend history. They typically or historically do 2-cent payments, but did one or two 10-cent payments in the last 18 months. But they have now, it seems, returned to giving 2 cents. So that 12 percent yield would be based on the last two payments of 10 and 2 cents. The next...

I wonder what's going on with the GRR price today. It shot up about 8 to 10 percent this morning on no news. But about a year ago (25.08.22) GRR released their half-yearly results. Perhaps we'll see new results in the next days.

From yesterday's (23.08.22) announcements.

So Murray Zircon (and its controlling shareholders) backed down.

Voted. I missed that email, because I switched phones, and I didn't see the inbox of one my email accounts for a few days.

I see. Annoying. OK, I'll do that now.

Didn't we already vote on that? Is this another vote?

An update posted on Friday http://www.imageres.com.au/images/joomd/165301753920220520MINERALRESOURCESUPDATEMcCALLSMINERALSANDSPROJECT.pdf A ten-fold increase in IMA's mineral resources. That seems substantial.

Mader Group released their quarterly update.

Perhaps this is the answer: https://www.businessnews.com.au/article/Image-board-sees-off-Chinese-backed-spill-motion-in-close-win

The issues were, apparently, resolved in today's meeting.

Hi @rnr Thanks for the remarks. True. I had considered them not getting enough work due to a shortage of workers. But yes, penalty clauses are also a concern. I don't know where they are need workers. My understanding is that, for example, they've only arrived in, say, Queensland relatively...

Not enough employees for all the work they have? Surely better than the other way around. IG? Instagram? That never occurred to me. I guess this one: https://www.instagram.com/mader_group/?hl=en

I don't quite follow what's going on here with the board. There's an attempt by Murray Zircon (IMA's largest shareholder) to take over or seize control of IMA (or its board)? And then they want 100 % access to IMA's ore? Some relevant links...