RE: Jubilee Copper12 Sep 2025 21:17
Shuvlin, I would be surprised if we derived any benefit from SA ops after the effective date.
The buyer will use the income to pay for the assets with beneficial ownership, probably effective from Dec / Jan. The shares are normally held as security, that is all. It would be unusual to have a pro rated income relative to the shareholding at any point in time.
Jubilee should benefit from the income until the effective sale date. I haven't confirmed that, but that would be the norm.
From that moment on, we are Jubilee Copper unless, of course, the deal falls through.