My understanding is since Karara project is a 50:50 JV means that profits from that project will be a 50:50 split. Also Ansteel being a 30ish% SH in Gindalbie, they will share in any div's from Karara and/or other projects and capital gain as any other SH'er.
So as per recent presentations;
8Mtpa - $776M revenue
- $408M Cash margin
$204M to Gindalbie
$204M to Ansteel
As a GBG newb I'm happy to be corrected.
Cheers
- Forums
- ASX - By Stock
- shareholders share
My understanding is since Karara project is a 50:50 JV means...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)