Ann: Dividend/Distribution - TLM, page-75

Yeah it's looking good. I think the cap return will be announced in conjunction with the news of the sale of Sinclair - which will bode very well for our cash reserves. Very well indeed.

My feeling is that people are very carefully loading up knowing that they've got poor sentiment and time on their side. The return probably won't be announced until mid-late Feb (just a guess) so the soak will continue until then. If the return comes sooner, I think so will the Sinclair news.

I've been picking up stock at .225 whenever I can and I have a little bit left in case we drift lower again. My rationale is that I'll get back roughly 80% of my capital at these prices and the rest will be sitting in a company with very low SOI (post capital reduction) and HEAPS of cash (post Sinclair sale). Bit of a no brainer if you ask me.