Punch these co-ordinates into Google Earth:
32° 12.585'S, 120° 29.441'E
As an ex-POS holder I think it's a v.v.good strategic deal for MIN. It's good too for POS but only insofar as they get to keep their doors open by selling part of the portfolio (in a distressed Ni market), thus avoiding a massive near-term CR or, worse, VA.
Hats off to CE for having the balance sheet and foresight to swoop on this at a distressed price.
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