In the amendment today for the March activity statement it said that TSV still holds a 57.3% stake for the warro JV. I though the farm in agreement with alcoa was for a 65% 35% split for alcoa and tsv respectively. Does that mean that to date we have only used 65 million of the 100 million for the farmin so have 35 left for the remaining 22.3% to take tsv to 35%. Or am I interpreting this completely wrong?
TSV Price at posting:
1.3¢ Sentiment: None Disclosure: Not Held