selling a 50% stake for 50mil, does not appeal to me... same for 25% for 25mil.
hope it doesnt go down this path.
not sure what the best way to fund xams 50% share would be
prehaps a 10-15% sell + debt equities or offtake.
im hoping we can retain at least 30% interest in the JV
interesting to see where this goes.
Ann: Bacchus engaged as Strategic & Project Funding Adviser, page-4
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