I don't think they'd make such an announcement on an assumption. They may be more forthcoming after a decision. Talleys have a 50% say on decisions that affect the operations of the JV. Arguing for a retention of capital to preserve the operations of the JV is compelling given what might be payable if an unfavourable outcome occurs. Talleys took a stake in BRL to protect its interests. They've been around a long time and I can see why.
Ann: Investor Presentation Sept 23, page-9
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Last
81.0¢ |
Change
0.015(1.89%) |
Mkt cap ! $155.0M | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 81.0¢ | 80.0¢ | $89.62K | 111.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 21875 | 80.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.0¢ | 15 | 1 |
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| BRL (ASX) Chart |