BAT 5.56% 1.9¢ battery minerals limited

Very nice. Operating in a JV as such this isn't an unusual...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 351 Posts.
    lightbulb Created with Sketch. 64
    Very nice. Operating in a JV as such this isn't an unusual option, especially for a strategic partner looking to vertically integrate. They'd cover half the working capital also. In lieu of equity or debt finance this option would get cash flow going. The value we'd realise is selling a whole asset likely wouldn't generate this much value.

    I should add that 50% of CAPEX for a 50% stake would be the bare minimum price you'd expect for such an arrangement.
    Last edited by Oxytorus: 17/07/18
 
watchlist Created with Sketch. Add BAT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.