Morning campers....22 Dec 2021 08:19
...so i threw out a post yesterday off the top of my head but the more i think about it the more it makes a kind of sense. I muted the possibility of multiple sellers buying pieces of our assest on a large % jv up front payments and a modest holding % to us of about 20%.
Russia wants a new bushveld zone, multiple interested parties, Japanese x two appointments,the rns stating " significatly ( 75% ish ) all our assets and the time the deal is taking would all lend support to the idea.
It would in effect be a sale of significance etc It would be complicated deal to dot i's and cross t's on and it would have the support of russian state and explain the rossego deal,the regional subsidies in fact practically everything that has happened or been rns'ed so far. I also think the long term big investors and the placement II would like it too.
A future eua2 having been paid hansom JV upfront "purchase costs" and paid out " massive divi" would in effect be free riders holding 20% with that thing the institutions and pensions love.... regular ad infinitum royalty payments ie dividends :)
I like it.... shoot it down if ya like but its now my prefered and most logical outcome.
We will see i suppose :) gla