AUZ 0.00% 0.7¢ australian mines limited

Ann: Quarterly Cashflow Report, page-136

  1. 2,177 Posts.
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    I believe they originally wanted more than 20%, I remember that being mentioned. From what I saw the threshold is higher for korean investors but corps act still applies.



    Either way, I don't believe it's in their interest to try and lowball the cash for 19.99% and try and give AUZ less. The deal is mutually beneficial in a lot of ways and as mentioned before, the cash is earmarked to get the project up and running. Which is something SKI really needs.
    totally agree! it's a business mutual agreement. SK need resource to supply its EV plantsand AUZ need sk to step into a global company
 
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