So far as I know, these % talks are about the kimberlite jv, they have no bearing on the alluvial fields. An increase to majority stake is about the future, which hasn’t arrived yet, getting it sorted now, removes the inevitable balls-aching argy-bargy that would follow a discovery without an updated agreement. It’s going to be worth something, but not a rerate on its own, BUT, come the discovery, it will make a big difference.
B22.
Lulo Kimberlites Review, page-27
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