i think vale are going to scream black and blue to TP about the RSPT and the effects, looks like we have david and goliath battle though chewy.. I cant see them paying much more than 100mill, if this is the case we should keep our % of belvedere imo.This is a big project and i'd rather they tapped for cash off us for development then sell down a stake for a piddly amount..
will vale execute, page-12
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