Interesting manoeuvre. One that I am sure is for the best benefit of the company moving forward not only in increasingly satisfying Indonesian ownership rules but also as a future source of financial support to bring the initial project into production. Given the tie-ups amongst the boys club it was probably always going to happen.
Hopefully the next manoeuvre includes a dramatic upward shift in share price because it's all getting a little old for the small longterm shareholders. Well, for me at least. :-)
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