I think your thesis is a moot. Any processing of GMD ore through DCN mill is not a "special deal" it's an arm's length transaction, and if that transaction materially favours the mill the benefits will flow through to the shareholders, of which GMD is 80%.
In a world where another party, related or otherwise, feels aggrieved, they can try to dispute the transaction, but IMO would have a snowballs hope in hell of convincing anyone of unconscionable conduct.
The only party that could conceivably feel aggrieved would be KIN. They could in theory have a case for access for their ore, but would be subject to the same terms of an arm's length transaction and IMO would be limited to their share of the ownership (10%). Again, GMD would share in 80% of any benefit that this ore would derive.
Do you still think that GMD wants/needs "mates rates" on the DCN mill?
News: GMD Genesis Minerals On Track To Acquire St Barbara's Leonora Assets, page-12
Add GMD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.86 |
Change
0.075(4.21%) |
Mkt cap ! $2.081B | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.86 | $1.80 | $3.957M | 2.156M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8725 | $1.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.86 | 20189 | 3 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.84 |
Change
0.075 ( 2.97 %) |
||||
| Open | High | Low | Volume | ||
| $1.80 | $1.85 | $1.80 | 346513 | ||
| Last updated 15.59pm 27/05/2024 ? | |||||
| GMD (ASX) Chart |