As Samb61 states, is related to the rehabilitation of Blair Athol. The previous owners 'gave' TER $75m when TER took over Blair Athol, this was their liability to the rehab of the mine. In a round about way, TER if they do it well, wont spend a cent of their own money on rehab of the site. An amazing deal really, buy the mine for $1.00 and receive $75m for it at the same time.
The money isn't available for dividend distribution.... not just yet anyway, once TER do the Rehab the government with give WBC the okay to release all or some of the cash back to TER. I don't know the exact process as what and how this happens.
Ann: Dividend Declaration, page-579
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