So the deal values the VEC 70% of the project, assuming the sellers are sane, at USD30m, over time . And Anglo walked away from such a "high grade' resource. The inference, given the low sale value, is that there are problems with the resource, or mining issues, recovery, etc. Care is recommended.
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- Cost USD39M cash amd shares, over time, for 70%
So the deal values the VEC 70% of the project, assuming the...
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