They need to pay a divvy once it is financially prudent. There is a $70m franking credit that needs to be distributed to shareholders after the sale of half of Gruyere to Goldfields. That asset can't be released without a divvy. I would say at the rate we are going, we will only have to wait until the next quarterly.
This is my largest position, so I'm a happy camper.
Cheers,
Tim.
Ann: Quarterly Activities Report and Appendix 5B - December 2019, page-35
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