This development, or something similar, was mentioned at the last AGM.
Guess it frees up management to focus on Karlawinda, put a little cash in the bank and still have an interest in what was an important project to Malagasy. Good or Bad deal - no idea but IMO the ability to focus on getting Bibra to production has to be a positive.
Ann: LIT: LIT update on BlackEarth Minerals NL IPO activities, page-2
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