Ann: MLM: SCONI Sale and Purchase Agreement, page-42

@cragesmure
As a shareholder in Metallica you should know that the strategy of selling off non core assets was to further invest in the core cash bauxite business. Thus there are no devious reasons.
Furthermore Metallica are shareholders in AUZ, They also stand to benefit from AUZ when it is a producing mine through dividends and the likes.
Extract below

6 SEPTEMBER 2017​

SALE OF SCONI PROJECT FOR $10 MILLION​

HIGHLIGHTS​

Metallica agrees to sell the SCONI Project for A$10 million in cash and shares to​

Australian Mines​

Transaction delivers on Metallica’s strategy of focusing on cash producing bauxite​

assets and unlocking value from non-core assets​

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