ARL 6.11% 69.5¢ ardea resources limited

Several mentions were made on various posts about the JC getting...

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    Several mentions were made on various posts about the JC getting a big % of ARL or the NewCo.
    I haven’t yet figured out the logic to it.

    Is it to pay for the $50M-$60M DFS cost?

    Or is it for the bank loan, which the JC agreed to assist ARL to secure from an independent financier?
 
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