Apologies if repeating an opinion that has been voiced previously. It's critical for minres to be free of the existing off take so that they re-negotiate the sale price of their spodcon at market value, not the undersold prices Austroid were selling for previously. That will impact the final amount paid under the share sale agreement. The tax bill should be pretty straightforward, at a guess, 30% of whatever they sold last financial year? adjusted for deductions etc...
My concern if this can be used to weasel out of any amount paid to shareholders....
A40 Price at posting:
8.2¢ Sentiment: None Disclosure: Held