That’s dividends pulral, 2 x 20cent and this one of $3.50, not to mention 2 x 10 cents and the $1.25 dividend for Rand shareholders. A total of $5.15 in dividends and some folk here don’t think Mr Billis as a legend. Deserves a place in the mining hall of fame IMO, not to be hunted down like a werewolf.
Let’s compare that to the dividends distributed by the poster child of the WA gold mining industry, NST (who by the way still hang off TBR/RND’s achievements in pegging, exploring and developing the ground at Kundana).
NST total dividends distributed to date = 31 cents compared to TBR/RND dividends to date = $5.15.
If you are a small shareholder with a brain send your votes to Mr Billis as he still has value to deliver to shareholders.
If the other guy gets control the value in Ghana could be totally lost IMO. My guess is the worst TBR could do out of Ghana is another special dividend of 60cents per share. And remember Wreck-it Ralph didn’t build the value in Ghana or at Kundana. In fact he has done nothing to build value. All he has done is force the unlocking of that value and IMO it could have been done at a far more opportune time when the gold price is higher.
