Everyone seems more interested in what the debt acquisition will mean for A40 down the track.
Its about power today.
Tribeca rejected A40's newly submitted mining plan after calling the default over a failure to comply with the previous mining plan among other covenant breaches.
Tribeca forced A40 to suspend mining operations.
Now A40 cannot resume without GXYs approval.
In short, GXY is in charge now.
AIMHO
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