Tectonic to pay dividend after $10.5m profit

TECTONIC Resources will pay shareholders a maiden unfranked dividend of 1c after its RAV 8 nickel mine generated a first-half pre-tax profit of $10.5 million from revenue of just under $22 million.

Tectonic to pay dividend after $10.5m profit Tectonic to pay dividend after $10.5m profit Tectonic to pay dividend after $10.5m profit Tectonic to pay dividend after $10.5m profit Tectonic to pay dividend after $10.5m profit

The company is tipping a similar financial result will be achieved in the second half of 2003-04, and says it expects to commit to the mining of two gold and base metal deposits at its Phillips River

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