CPN
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3.51% 5.5¢ caspin resources limited

BHP is proposing to take a controlling stake (100%) in OZL. This...

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  1. Born2run
    936 Posts.
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    18/11/22
    18:50
    Post #: 64863626
    BHP is proposing to take a controlling stake (100%) in OZL. This does not flag a divestment of WMP, and therefore would not trigger any payment to CPN.

    However, if BHP (as new majority shareholder in OZL) decides to divest WMP, the payment will become due.

    So, under current arrangement, CPN does not stand to get any payment from BHP/OZL w.r.t. WMP.

    CPN Price at posting: 73.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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5.5¢ 		Change
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6.0¢ 50476 2
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