BWN 1.52% 65.0¢ bhagwan marine limited

Good to have a strategic relationship with a major player, but...

  1. 277 Posts.

    Good to have a strategic relationship with a major player, but there's one line i dont get. Says the Indian group has first right of refusal over any coal project and is required to fully fund, with BWN retaining a free carried interest of 10%. Surely that doesn't mean they'd give away 90% of the project??
 
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