https://www.copyright link/business/mining/ato-finds-glencores-cobar-mine-understated-241-million-income-20171211-h02e6u
ATO may be squeezing Glencore to release assets like CSA due to ongoing tax reasons. It also highlights how profitable CSA is if you can offshore $240m...Great article on the offshoring of profits.
Aurelia in box seat to benefit here as long as the offtake deal with Glencore is reasonable.
Selling their AMI holdings and removing the director from the board removes any complications. The idea of taking on CSA is very appealing. Yes it will take a combination of cash/equity/debt, but happy to go down that path for such a asset.
Glencore selling CSA?, page-11
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