RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:ESE I'll remind everyone 12.5% gives Rio the right to a board seat, rendering any strategic investment rights agreement effectively meaningless. They'll have say in: permitting, capital raises, considering 3rd party offers - realistically non existent as no major will bid TO Rio - everything.
Rio can take the board seat, have say in permitting, and still submit the application in Western/Casino Mining's name.
Officially guessing Rio joins the board, and no more. And yes, they'll dilute us to get there. RIO won't agree to be anyone's exit liquidity (buying on market).