your right basically
But I think Avi is in a hurry, if you see for Alaska also he is going for a JV directly as per today ann
IMO he wants to bring out all the group assets into QUR fold quickly , JV them as soon as possible and derive a lot of value over next few years, it is clear if we see the earlier JV for the gold asset also which he did.
Cheers.
Ann: Placement Repriced Up and Company Update, page-119
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