I think little HAV will keep most of it because in the end they are going to have to stump up for their 30% of the Kalkaroo Mine development.
It seem silly to pay a lot of money out then raise capital later.
Nevertheless who knows long standing ( suffering) SH should be rewarded. Personally I would like I quarter of the money to be used for a big share buyback. Make the shares so tightly held they squeak.
Ann: Notice of General Meeting/Proxy Form, page-23
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