Thanks Glyna. At last a positive post. I do not see anything negative about it either. Not a large raising, and cannot knock it, we do not know the discount!
I suspect the Ridley deal is now delayed by Balla Balla involvement. The cash from any sale may be needed as equity share for a JV to develop them both. That is, such cash would be reserved for that project, not for general coffers.
atlas eyes $60m as spot iron ore price soars , page-11
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