Min res will do what they done with the GAM buy out at Wodgina. They brought everything for an undisclosed sum then relinquished the royaltys rights that they just brought to Pilbara minerals for 50million. I suspect that 50million paid most of the initial price it cost to buy things off GAM...
Same story here with Atlas, buy it for 280million or whatever it is, then sell bits that don't want or need to recoup that initial 280million spend.
effectively getting the bits they do want for free or next to it
Its like buying a new car for $1000,bargain. sell the fluffy dice and stereo system for $900 and walk away laughing
AGO Price at posting:
2.8¢ Sentiment: Sell Disclosure: Not Held
