That might be MAK's plan? Spin off the tin and tungsten assets into BCD as previously planned. MAK's interest in BCD will have to increase though. MAK still retain an interest in all of BCD's assets and they wont have to fund tin/tungsten exploration in Tasmania any further. They are probably banking on BCD's gold asset returning to profitability and them running from existing cash flows? Bit of speculation for you MAK holders to discuss.
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- bcd flying and mak own approx 45% of it
bcd flying and mak own approx 45% of it, page-11
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