What a disgrace. A poxy $800k is all we get for our precious royalty stream. Anglo have been basically given the same royalty interest as the owners that sold the project to Atrum. If this deal is a reflection of the calibre of Bob's new team I'm not feeling confident in their ability to achieve good sell down terms. At the risk of getting abused would there not be other ways to save $800k...director fees...legal fees...business class airfares...farm out/sell non core assets?
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What a disgrace. A poxy $800k is all we get for our precious...
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