sorry @blakesley you are right, non core assets to be spun out to LRS shareholders. How about some or the cash at bank?
Well, apologies to Chris for that! Lets hope there is value and that can be effectively managed. We will need details on how this will be handled in the near term. Possibly fire sale and Cap Return to shareholders? Shareholders be on the look out for details for spin out in the scheme detail.
Thanks Blakesley15 August 2024
PILBARA MINERALS TO ACQUIRE LATIN
RESOURCES
the completion of a Latin Resources shareholder-approved in-specie distribution of all of Latin
Resources’ non-core assets (which predominantly consist of immaterial tenement interests in Peru,
Argentina and Australia); and
sorry @blakesley you are right, non core assets to be spun out...
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