Agreed, good announcement. Some interesting (IMO) verbiage from the AACo press release:
"The lease is subject to approval by the Foreign Investment Review Board (FIRB) and the Minister pursuant to the Land Act 1994 (Qld) given part of the Rewan property is leasehold subject to a lease from the State of Queensland.
It adds to AACo’s already significant property portfolio, which includes around 6.5 million hectares of land, approx. 1% of Australia’s land mass."
Ann: Lease of Rewan to the Australian Agricultural Company, page-4
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