Good questions.
Your first question:
As I suspect the JV partner was approached, the question is why didn't they bid higher than C$35mm given that they borrow at 5% and the payback is above 50% at the... login to read the rest
thanks for raising this. why didn't POE sell the Thai asset to the JV partner? that is what happens 9/10 in these situations and as you say, the implied valuation would have been a lot... login to read the rest
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