Transition to Fair Value Accounting and Dividend Payment; Progress on Fund I investment
LCM has had its strongest performance to date in fiscal 2023 by a significant margin, driving the Board’s decision to pay a dividend of 2.25p per ordinary share to shareholders. Read more.
In addition, an ICSID tribunal has issued an award of USD$ 76.7m (c. AUD$ 109m) plus interest and costs in favour of LCM's funded party in one of its cases. Read more.