Just musings about the 80% of profit divi rns .....21 Jan 2022 08:17
... why would they put that out when they did ? In my view its to protect US the small p/i. When the " deal" rns drops i believe it will be part sale, part J/V with royalties and part Eua2, which would mean that specualation from the usual suspects paid for by the bigs would switch from " theres not going to be a sale " to the divi will be a tiny fraction of the deal, run for the hills bla bla bla "
The 80% rns plays two roles, first the sale element relativley simple, price minus fees/tax/sundries= divi and that will re rate us accordingly.The second role will be to prevent eua2 from being undervalued post sale. By putting out the 80% rns it makes it very hard for the pond dwellers to claim " once the ex/d date is reached eua has ( insert false valuation here ) ect.
Its a good indicator that eua2 will have a significant "net profit " for those of us who choose to slice rather than sell up of which we can expect 80% to be paid as a divi year after year after year ad infinitum ( well for the length of the mines anyway :) ) ..........Very good forward thinking and a bit of a chess move to preempt the post deal shinnanigans :) gla