RBM closure impact on Zircon and TI prices, page-4

I didn't realise ZR had gone as high as 2200 USD a few years back.
If that happened again we would be looking at 45-50c SP

I love how the presentation makes it clear of the continued intention to pay dividends.
My assumptions are over next 12 months they will earn enough to pay another 20m dividends, and by the time they move to Atlas, they will still have 80-90 m in cash post dividend. Then by the Biddimina is ready ( 3 years away) they will have well over 150m to fund cost of capex entirely. However i suspect between now and then they use some cash in inorganic acquisitions

Point being they are in a super strong position to grow shareholder value while paying out a great dividend