ASX announcement, 27June 2019 ----TEN YEAR EXTENSION OF JARE LOAN FACILITY,
"The restriction on dividend payments is removed once the principal amount outstanding is reduced to US$60 million or less."
ASX announcement, 26 August 2022 ---- FY22 FINANCIAL REPORT
PG 13, " Debt and Capital FY22 JARE loan outstanding = $AUD171.1 MILLION."
Very happy to be shown I'm wrong and if that's the case I'll delete this post. If I'm not, then can we all just either cool your jets with demanding a dividend or buy into BHP, CBA etc or write a cheque for about say.....$ AUD 80,000,000 and hand deliver it to Lacaze.
I could say do your own research, but why bother, right? It's only your money. Remember the house ALWAYS wins. Good luck everyone.
LYC Price at posting:
$8.30 Sentiment: Buy Disclosure: Held
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