EQR
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EQR didn't receive any money. They paid the equivalent of 7.5m...

  1. plonka
    942 Posts.
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    08/08/24
    15:46
    Post #: 75128182
    EQR didn't receive any money. They paid the equivalent of 7.5m USD in 9c AUD Shares to Cronimet to dissolve the JV. In return they got 100% control of the plant and 100% of the LGS and the Debt that the JV owed. The NPV allocated to the portion of the projected NPV that they gained was something like 30m AUD I think.
    EQR Price at posting: 4.3¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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