My instinct is this is tactically brilliant. Potentially Access to another resource as a ack up or for further income stream. Also sends message to any party that is over playing their bargaining power.
But more than that, getting into her with Todd Corp could be real helpful. Good Family are rich listers and one of NZs richest family valued at c $2 bill last time I looked. Make early $$ as Todd Motors owning the assembly plant for Mitsubishi and franchise distribution throughout NZ. Moved into petroleum and gas exploration in Taranaki and most recently into mining. Big players, well run and making forward corporate plays. Love it.
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