I've just started looking at Bathurst, and hoping that someone can explain what has to happen for more dividends to flow from BT Mining to Bathurst?
In the FY22 report there is a $9.75M dividend from BT Mining to Bathurst. If it wasn't paid, Bathurst would have struggled - we would have ended the year with no available cash. Bad times.
Is it right that the shareholders of BT Mining have to unanimously agree to pay dividends? Just based on this from the annual report:
> This is because unanimous approval is required on activities that significantly affect BT Mining’s operations.
and the vibe on here. People seem to be saying that Talley is stopping the flow of more dividends? But paying them when really needed by Bathurst?
Thanks.
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