Ann: Repatriation of Further A$8.8M From Lulo, page-11

https://hotcopper.com.au/posts/64847270/single

Still leaves time for the board to declare a dividend and loan payment before Christmas. Maybe the other partners need some beer money. My finger in the wind guess would be an $8M/$8M div/loan payment of which we would see $11.2M. Eventually. All USD of course, and the low exchange rate works in our favour.

Well I called it half right. Timing right. Value wrong. Called $8M/$8M, it was $4M/$4M.

As I read the announcement, in addition to completion of the previously approved loan payment, holders of SML (LOM 40%) will get a $4M dividend, so we will see $1.6M of that. We will also get a $4M loan repayment. That would be in line with div/loan previous payments. IMO the announcement is not that clear, I imagine new holders would read that expecting the full $8M to come to us rather than $5.6M.