Ronraine, KML is in the business of beneficiating and exporting...

Ronraine, KML is in the business of beneficiating and exporting iron ore, it's not in the electricity wire and poles business. As this isn't a core asset and as access to power has now been gauranteed, there is now no need for KML to hold this substantial asset on its own books.
so its good to see the funds received applied to paying down the massive debt KML owes.
it just takes some of the heat off KML and by extension its minority owner GBG.
there's a long way to go.
it would have been good to find out whether KML made a profit on this asset divestment, but we're not privy to that.