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JV %
posted on
May 22, 2008 03:27PM
WSR 50%, MTX 41.5%, ADD 8.5%
WSR can earn up to 50% over a four year period, but they have to spend C$ 5 m for every 12,5%.
That makes a whopping C$ 20 m for this 50% interest, probably the most "expensive" JV in JBL so far.