Well sourced doc.
Not sure this has anything to do with the price fall today. Basically looking at selling their royalty. If they can get $100m up front, why not. This would be a plus I would have thought.
Not sure what the gripe is about the $33m to the ATO. All TS said was that it was a lot better outcome than what they may have asked them to pay. Says nothing about whether they agree with the ATO, but know have to go via the due process.
Not sure that the buyback is delayed due to news. I suspect that it is more a slowly slowly approach. They have 12 months to complete it, although if Marampa is sold, probably will scrap the buyback. In any event, isn't the buyback conducted independently by the broker so that they would not be privy to any news?
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