. . there's some hope for Divi down the track . . maybe during next year ?
quoting from announcement (with my bold). .
"Troy Managing Director, Mr Ken Nilsson said today: “We are delighted to make this final payment to Investec such that the facility is now repaid in full in what represents a very significant milestone for the Company."
“In what at times were difficult circumstances, Investec could not have been more supportive. For that, Troy is most grateful."
“It is great to now be in a position where Troy’s free cashflow can be applied to matters other than debt repayment as we seek to restore the Company to its previous highly-successful dividend-paying status.”
and well deserved recognition from Investec . . quote
"Mr Anthony Hawke, Global Head of Resources at Investec, said today:
“Troy’s Board and management team have done an outstanding job successfully developing and operating the Karouni project over the last five years. The operating environment at Karouni has at times been extremely challenging. Troy has never wavered from the goal of creating value for all of its stakeholders and this is a testament to the professionalism and integrity of the Troy Board and management team.”
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Ann: Debt Facility Full Repaid - Troy Now Bank Debt Free, page-4
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