"Why is it not being done the other way round? SLR has the cash pile, the ownership in RED and no debt. Surely the smart move would be for SLR to acquire RED and it's assets?!"
I listened to the RED call... your question was asked. It's because RED won't have to pay stamp duty for Sugar Zone (overseas asset). Plus other tax considerations.
- Forums
- ASX - By Stock
- SLR
- Ann: Presentation - Red 5 and Silver Lake Resources to Merge
Ann: Presentation - Red 5 and Silver Lake Resources to Merge, page-46
-
-
- There are more pages in this discussion • 161 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SLR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online