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I posted this on MIN forum. But it should be relevant for AGO holders.
Operating cashflows was $150M last year.
If IO increases or discounts normalise we do not need this bid at all.
Not to mention lithium and manganese shipments.
Could sell the AJM royalty for $20M alone.
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- Ann: Chairman's letter - Scheme of Arrangement
Ann: Chairman's letter - Scheme of Arrangement, page-38
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