There’s no puzzle. It actually quite black and white. Once again, it is “up to 50%”. Same conditions applies to ZAG BTW. So if the CAPEX is $15m at today’s cost, Supeior’s contribution will still be limited at 3m and therefore gets 20%. In any case, Vango has always been able to retain more than 50% the whole time and hence, never breached anything with ZAG.
VAN Price at posting:
3.4¢ Sentiment: Hold Disclosure: Held
