Battersea.......On the basis of a 6 cps dividend as outlined in my reply to Gwahir , this should translate into a share price of A$1.50 on a 4% yield or A$1.20 on a 5% yield. This does not take account of any future discoveries or cheap project acquisitions which could add a further 10 cps plus per share. In the meantime I look forward to a new 5% holder emerging onto the register .
TIE Price at posting:
61.5¢ Sentiment: Buy Disclosure: Held
