RE: All ABOUT EXPLORATION!18 Jul 2018 11:14
I don’t think MTR have any intention of selling. In the case of a takeover offer, our options vest immediately so the 24.8% will convert to any agree takeover valuation.
If we repeat the deals for each dome then keep the options for takeover.
The cap on NSR on t3 pit is historical. All of the other areas in JV will be 2% NSR without cap from my reading.