Paragon talking about the restructure of MSB project structure. Long been touted - is the reason BRZ divested its non-Maricunga interests a couple of years ago. BRZ most probably the first up target - offer price would benchmark that for remaining entities.
Two potential options for Maricunga going forward: This is PURE SPECULATION.
1. BRZ is taken over by an entity wanting direct participation in the Maricunga project (Mitsui???). Borda Group and LPI merge and hold 82-83% of the Maricunga project and / or divest down to 70 to 75% leaving JV partner with 25 to 30% of the Maricunga project.
2. The entire Maricunga project is taken over by another entity if the price was attractive enough.
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Paragon talking about the restructure of MSB project structure....
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