Ann: Sale Of The Four Mile Uranium Project, page-145

hi 3gb.

so you are saying that if quasar want it then itochu don't get a say. unfortunately this is just another unknown.

but consider point 4 from the july 16 announcement.

"Itochu Corporation is yet to indicate whether it will exercise its rights under the deferred share rights deed or whether it will participate in the sale process. As announced on 17 June 2014, its consent to the sale will be required."

a sale is a sale. if quasar ends up with 100% then alliance is selling the 25% to quasar and therefore itochu must give consent.