I don't think they'd make such an announcement on an assumption. They may be more forthcoming after a decision. Talleys have a 50% say on decisions that affect the operations of the JV. Arguing for a retention of capital to preserve the operations of the JV is compelling given what might be payable if an unfavourable outcome occurs. Talleys took a stake in BRL to protect its interests. They've been around a long time and I can see why.
Ann: Investor Presentation Sept 23, page-9
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81.0¢ |
Change
-0.005(0.61%) |
Mkt cap ! $155.0M | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 81.5¢ | 79.0¢ | $22.60K | 28.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12578 | 79.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.0¢ | 177555 | 3 |
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| BRL (ASX) Chart |