You will have to excuse my ignorance. The deal with EPM/Ausmin...

You will have to excuse my ignorance. The deal with EPM/Ausmin is one of many projects held by Renascor, surely with each of them comes their own set of financials. And from memory the wording of the original option to aquire siviour contract didnt change ie the 22% in a listed vehicle from when EPM owned it. So we could now break siviour off and publicly list EPM and pay the 22% out from that which would be a financial disaster for all involved. Or we calculate the % holding that the EPM holding makes up of the RNU portfolio of projects and offer the 22% from that?? Even potentially add Ausmin onto the financials of the project itself?
If BHP bought out RNU today (who currently hold said contract) do they still have to hand over 22% of their total business for the option to aquire siviour?? I dont think so..