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Ann: Financial Year 2019 Results Presentation, page-247

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GARETH78

8,380 Posts.

2978

22/02/20

17:09

Post #: 43090091
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Originally posted by Snowy66: ↑

I discussed this with them yesterday, Simon said somewhere in the 10-30% range, bit more than a handful of customers and he said they are all household names he was pretty sure I’d know. Couple of them been around a bit longer are l in the final due diligence stage and the others Are later to the table. He thought it would still be a few months to get to a decision and he and pheobe both stressed that it is not a must and they will only go ahead if they consider it to be a good deal that recognises the quality and life of the project and also that they bring something else to the table besides dollars as in skills, knowledge etc

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Thanks Snowy, and well done for calling.

They didn't give away much which would be expected. I would have thought most investors in the project would likely go o the higher side to say 30% otherwise i cant see the point.

Ganfeng just picked additional stake in LAC's Argentinian assets to got from 50% to controlling 51%.

GXY Price at posting: $1.09 Sentiment: Hold Disclosure: Held
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