This is great conformation for my faith in David Quinlivan (new CEO) to turn this company around and start realising the value in their great assets. He's having even more impact than I could have imagined for this stage.
Great price they've got for the frog's leg interest which wasn't contributing materially to the bottom line and a very smart move with a big push to explore SKO for the next 18 months and if nothing considerable shows up divest it(I infer).
Think I'll be sitting on my profits(current - paper) on this one for a while to watch the full impact of this turnaround feed through.
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News: Alacer sells Frog's Leg stake for $171M , page-4
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