17:00 Mon 09 Sep 2019
Red Rock Resources - Jupiter Mines - Update
("Red Rock " or the "Company")
Jupiter Mines - Update
Jupiter owns 49.9% of Tshipi é
Highlights:
· Tshipi board resolves to pay a further AUD 59m dividend to shareholders
· Total H1 FY2020 dividend from Tshipi now AUD 173m
· Jupiter to receive 49.9% of this AUD 59m
· Jupiter also to receive approx. AUD 3m from marketing operations
· Jupiter will declare a dividend exceeding its 70% payout policy after publishing interims at end October
The full announcement by Jupiter can be found at www.jupitermines.com
At the closing price of Jupiter shares on the
The continuing significance to us of our holding in Jupiter is demonstrated by the fact that the value of our holding today is 14% in excess of our market value of
For further information, please contact:
Scott Kaintz 0207 747 9990 Director
Roland Cornish/ Rosalind Hill Abrahams 0207 628 3396 NOMAD
Jason Robertson 0207 374 2212 Broker
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