RE: Kerrs deal with nGRND finally announced15 Jun 2026 23:38
Although FCM retains ownership of the mineral title, GRND will effectively control the asset. As Kerrs is non core to the company, my preference would be for a full disposal in exchange for immediate cash proceeds. However the most likely outcome is a partial disposal structure. Either way, the overall value of the deal will genuinely be transformational for FCM.