You seem shocked that a company would propose to have 19% and change of a float, and 49% of the project going in to the float, and put a Non Exec director on to the board of the float, to protect its interests, provide continuity with the project management and stakeholder relationships, and provide whatever horsepower the NED can provide to the new float.
As if the two companies, should Burrendong list, would be truly independent and un-entangled.
You seem shocked that a company would propose to have 19% and...
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