sounds v good and SHE retains its 50% interest in the JV.
excerpt from announcement:
"Stonehenge’s Uranium JV attracts strategic investor, listed Korean company, BHI Co Ltd (BHI)
BHI will acquire 20% of the shares in Stonehenge Korea Ltd (SHK) from existing JV partner, KORID
KORID to retain 30% interest in SHK
BHI is a leading engineering company focused on the nuclear power industry and partnered with significant industry participants such as Daewoo Engineering and Construction, POSCO and Amec Foster Wheeler
Strategic investment by leading industry player, BHI, underpins the value of SHK’s uranium assets and is expected to help accelerate the development of the SHK’s flagship asset, the Daejon project"
SHE Price at posting:
4.1¢ Sentiment: Buy Disclosure: Held
