Any JV IMO will be at the cost of equity in the leases. This has been discussed here before I think......but a freecarry to production and retain a decent % is what I'm looking for in a JV. I would like it to be the Chinese running the show, its much harder to bite the hand that feeds you IMO. DB
Ps: anyone care to have a stab at what % AVZ might be able to hang on to if free carried?
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Any JV IMO will be at the cost of equity in the leases. This has...
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