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30/09/22
16:48
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Originally posted by J.W.Pepper:
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not sure why the panic of shareholders to sell over the last few months, all is good - "We are delighted to reward our shareholders with a maiden dividend which signals our belief that Tombador’s operations underpin a long-term and financially robust mining business, subject only to iron ore market price conditions. We have ramped up to already deliver the 1.2mtpa production rates outlined in the PFS during the FY 2022 year and, subject to prevailing market conditions we plan to deliver more product to European steel mills and into the Brazilian steel industry in the year ahead in FY 2023”.
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5 years of paying that divi twice a year is still below SP tonight.