All depends on what discount IDA has agreed with Tanzania. I would be disappointed if it is more than 10% but who knows? On paper without discount, the final settlement with costs and interest was around 120 million USD, our legal fees are around 20 million USD so that leaves 100 million USD. Converted to AUD is about $148 million. IDA is entitled to around 69% of the total which equals around $102 million. IDA have said they want to keep $20 million so that leaves $80 million for 635 million shareholders which suggests a dividend of around 12.5c.
I would be very happy with anything over 10c and an IDA share price above 8c.
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