As you mentioned earlier in the year, you hoped that they could pay a dividend and do the share buyback. It looks like we may not have a dividend payment this year. in the RND annual report , it mentioned this 35000 tonne processing maximum for jan 1 to dec 31 thus year. Ie NST saying that it is their contractual obligation. I just dont know how to read that one. is that per qrt ie 4× 35000 or total 35000 for the year? i noticed in the report that RND now has 120k+ tonnes of milling contracts for FY 2021. So that seems to suggest that they have found a fair bit of toll treating for this financial year anyway.
TBR Price at posting:
$7.77 Sentiment: Hold Disclosure: Held
