Thank you for an excellent description of how the operation works and I do get that. Having viewed the ARs of the 3 I can appreciate financial advantages of the structure.
Do you think this may also lead to a Critical Metals IPO within 2-3 years or will they keep equity held tight?
GLTAHs
HNR MC too high (might as well get NMT), 80MC vs 500MC?, page-32
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