TER 6.06% 17.5¢ terracom limited

Ann: FY23 Audited Financial Statements and Dividend Declaration, page-59

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    Another company that was said to have a relatively short mine life, has a single commodity (not coal) and payed a decent annual dividend last year, though fallen sharply this year due to a lower grade acquisition and lower realized commodity pricing. Share price falling back sharply post dividend payments two years running. There should be upside there but markets obviously are not convinced. Bear markets bearing bearish fruits. At least both have cash reserves and payed and hopefully will keep paying divvies for holders - unlike so many others that keep coming back to holders at the worst possible time for more funds. AMO smile.png
 
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