The only way to be a part of spinco is to be a holder of FFX. 50% to the JV partner 50% to be kept by FFX and FFX 50% will distribute 80% of Thier share of the project to shareholders at a pro-rata rate based on shares held.
Absolute music to my ears!
Ann: Webinar Presentation - June 2021 - Quarterly Report, page-15
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