LRS 0.00% 19.0¢ latin resources limited

Ann: Westminster Resources changes name to Solis Minerals Ltd, page-4

  1. 9,684 Posts.
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    What do you think is the significance of our 24% stake in Solis Minerals? There are obvious advantages in terms of effective control via voting power etc, but in a financial sense, what's the point of tying up LRS capital in this subsidiary?

    Is this part of a progressive play to eventually buy out 100% of the shares and take full ownership?
 
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