Yes sometimes it is easy to predict the expected dividend here but this is not one of those times.
There was no interim dividend with them citing upcoming developments of North Pit underground and Southdown. My reading of this quarterly is that development of Southdown has gone on to the back-burner again.
So are they going to keep all of the cash that they currently have for the underground development and for protection against a possible falling iron ore price?
Shareholders deserve at least a 2c dividend given current trading results but my gut feeling is not positive about the chances.
No dividend - 75%, 2c dividend - 25%. No other possibilities IMO.
Quarterly predictions, page-922
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