Missing out on the multi rather than the double in this case is down to BR derisking their derisking strategy.
BR's derisking strategy is to secure income streams from earners globally and lower exposure to capex risk on explorers and expanders in Evy's Mining Fund and he's under pressure to turn a dollar is dancing Evy.
BR pulling this OZL TO of AVB derisks their Antas/PB play on income streams - their next play will be to squeeze OZL balls for royalties on Pantera and Centro for capex - or has the deal already been done in return for suppressing the AVB SP and an announcement on a percentage will greet OZL SH's in a few months as a strategic capex spend on accelerating Centro?
The road is long, with many a winding turn...
He aint Evy... he's - a - muvvaaaaah....
gltah + droppers...
AVB Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held
