Mineralogy has given another 1bt up in exchange for 50% of International Minerals.
With the other 1bt still being ARH's right to mine. Can't see anything wrong with that if it proves the catalyst for the project proceeding.
A smaller % return on a viable go ahead project is still better than a higher % return on no project imo......
As much as us punters would have wished for it Mineralogy wasn't going to just give another 1bt away for our benefit.
Interested to hear others views on this........
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