Hi Nij
I understand your thinking but don’t believe you yet appreciate the many other positive reasons to float Apollo Hill in its own vehicle...
Less dilutive (raising more) to Peel shareholders means if we are a takeover target we will get a better return...
Saturn will have a gold expert as per new MD
Cap raising is easier in Saturn and
Peel current Projects are at opposite sides of the country so, easier to manage with extra staff.
To mention a few mate...
Sarg
Ann: Letter to Shareholders Saturn Metals Priority Offer Amended, page-8
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