TBR 1.69% $4.65 tribune resources limited

Last year it was announced on 06-Oct. I wouldn't discount a...

  1. 425 Posts.
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    Last year it was announced on 06-Oct. I wouldn't discount a divvy just yet. COVID might knock it back a few points. I'd be happy with 10c...and over the moon with 15c.

    TBR has a lot of long term shareholders and out of respect, they need any to be updated with any bad news if they are to shoulder any pain. Whatever the outcome TBR has been an outstanding ASX dividend payer with $4.10 flowing shareholders way in the past 4 years.

    In Aug TBR gave a 1.81M oz resource upgrade in Africa. Some say it will be a 3M+ oz reserve. So if shareholders are not getting a divvy in 2020...the future prospects are looking very strong.

    I like the rumours of NST having a friendly merger. It would be good if NST could eat some humble pie - their last offer of $150M for the EKJV was laughable. Add Africa (and possibly the Philippines) and TBR could be a $1B business!
 
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