I know you not having a go at me.
All good.
I understand that MEP shareholders are hoping for the best bang for money they have invested. I know that many hold both companies.
Fair play.
I'm just looking at following options from only ADN holder:
1. Leave the JV deal as is and wait until MEP is not able to finance their part of funding so their share of GW project keeps reducing, ADN has to come up with full capex of $125-130 million (let's say that this is my estimate) and will get to control the 95% or more of the project. Total cost $125-130 million.
2. Offer $100 million worth of shares to take over MEP, sell any non kaolin MEP and ADN assets for $10-15-20 million (I have no idea how much are they worth in reality), come up with full capex of $125-130 million and get to control the whole project. Total cost $200 million.
Not sure if the option of MEP actually funding their part of the project is feasible.
I know you not having a go at me.All good.I understand that MEP...
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