notice received ? rail deal, page-36

Last 3 years' share price performance is for all intensive purposes irrelevant as will all need to make a decision on its risk/reward going forward. To me CDU risk:reward is a min of 5 to 1. That is CDU is less likely to go back 50% to $1.60 (e.g. ML delayed for unknown reason) than it has the potential to go to $11.20 (5*$1.60) on declaration of +$1 dividend.

To be sure I'd expect dividends to be well north of $1 in initial years based on forecast Cu/Co/Au prices and a share price that will be reflective of it.