Dividend lack thereof

Despite the promise of regular dividends in July last year, the large reported half year profit and the huge cash and gold pile the company purportedly sits on , no interim dividend was declared. I do hope the Board is not concealing anything from us. There is some unfortunate history in this regard.

In a notice to the ASX on 28th May 2003, the then Chairman of TBR advised the ASX in connection to the appointment of Mr Billis as a director of TBR that.."Mr Billis was disqualified as result of his bankruptcy and by virtue of a conviction for concealing assets.."

The duly lodged notice is attached.