Good news I think. Funding through internal sources I'd assume means no dilution. SMR should be among the most valuable coal companies on the ASX, a comparative analysis on the weekend may be in order.
The final 20% will likely cost less than the initial 80% (US$1.5B for 80%) given that the US$360 million purchase price is likely to reduce with the large dividend payment. This is fair given the royalty increase.
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